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The Forum > General Discussion > Budget savings + higher taxes?

Budget savings + higher taxes?

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In my day making savings meant spending less. The about $16bn "savings" that Swan has made to rescue the budget comes nearly entirely from increased taxes or lower rebates.

With businesses struggling, the last thing they need is tripling the additional costs and paperwork of monthly tax returns instead of quarterly. Simply increasing company tax by about 1% would get the same revenue and cost companies less, but Swanny does not be seen to raise taxes, so he does it by stealth.

This is Labor all over, Spin over substance.
Posted by Shadow Minister, Tuesday, 23 October 2012 3:59:13 AM
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SCORECARD

young Aussie mums.....0
Superanuants..........0
Illegal strangers.....1 BILLION + whatever it takes.
Posted by sonofgloin, Tuesday, 23 October 2012 6:45:29 AM
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SM is looking to get his ears boxed again.
Posted by 579, Tuesday, 23 October 2012 7:12:02 AM
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I see from this year's "savings" there is about $2bn that comes from company tax payments for the 2nd quarter (April May) that were due in July (next tax year) will now be paid in this tax year.

This is not a saving but simply fiddling the books.

What a crook.
Posted by Shadow Minister, Tuesday, 23 October 2012 8:36:46 AM
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579

Perhaps you need to resort to boxing, as verbally you have been repeatedly whipped.

You obviously can't spell or grasp the concepts, and much of which you post has no relevance to the topic, and looks pasted from a Labor songsheet.

I look forward to you actually contributing to any thread, but am not holding my breath.
Posted by Shadow Minister, Tuesday, 23 October 2012 10:17:15 AM
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One post in such a thread is more than enough.
IF Labor did not plan to bring in a surplus it would be subject of our authors unhappiness.
That author conveniently, over looks the masssive cuts his side are planning.
And those they are hiding.
The Baby bonus is a disgrace, and a waste.
Nearly the equal to Abbott,s planned middle and high income subsidy to have a child.
I may well be a Cynic, but an honest one, this thread has no intention of debating the issue.
Just as is habitual,constructed mud throwing negativity.
Posted by Belly, Tuesday, 23 October 2012 10:43:31 AM
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