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The Forum > General Discussion > GST increase

GST increase

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Turnbull's claim of compensation for all does not apply to self-funded retirees, I'll bet.

The extra 5% GST will simply rob those who have paid top dollar tax rates during their working lives as they move into retirement. Cunning move, getting self-funded retirees to subsidize pensions.
Posted by Luciferase, Thursday, 5 November 2015 10:07:41 AM
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GST. It's good for Australia, it's good for jobs.

Turnbull might be talking 15% now but if he gets re-elected it will probably go a lot higher. I think it should be 20-25%. Give it to 'em Turnie! Hit 'em where it hurts mate!

If you want to avoid paying GST then you'll just have to start doing what the Chinese in Australia are doing already: Doing business on a cash only basis and paying employees cash in hand. That's it China mate, don't pay any taxes and suck up all the free health care and education services you can get your hands on.
Posted by Mr Opinion, Thursday, 5 November 2015 2:20:09 PM
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Mr Opinion, that's just plain stupid.

Paul, yes, I agree there are a lot of small businesses out there who pocket the GST, but they can come unstuck if they claim their input credits so to some extent it balances out, but it's definitely a concern.

As for large corps being fair, just remember, they do business in a hugely expensive environment.

In any case the GST is a very unfair tax as it only taxes those who have already either paid tax, or don't earn enough too pay tax.

We should be commissioning a study into taxing money, not spending, as spending only occurs once.
Posted by rehctub, Thursday, 5 November 2015 7:20:12 PM
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Dear rehctub,

If you think that's stupid than wait until Australia has a majority Chinese population in a couple of decades from now. That's when you are going to start seeing some really stupid things happening.
Posted by Mr Opinion, Friday, 6 November 2015 5:19:52 AM
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I'm with you on that one Mr Opinion.

The Chinese are very clever and realize two things. One, they won't be able to feed their people in two decades, and two, we won't be able to afford the workers to work our own land.
Posted by rehctub, Friday, 6 November 2015 1:39:30 PM
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Increase the GST to 20% immediately.
Increase levies by 50%,Currently Labor controlled outer western Melbourne residents have to pay excessive Western water rates.Plus pay City West Water levy to pay for parks.Plus pay the world's highest council rates (on a negative property price increase for a decade.)Outer western councils want to pay for new roads etc. so developers can make bigger profits.
Thoughout Australia Rural councils are increasing rates sometimes 50% per year.
A Bush Block in NSW was valued at $1800,yet the council has asked for $6000 in rates in six years?
Yes Australia has gone mad.
Five PM's in six years,or should that be Presidents.
Turnbull and Shorten are the same person,More and more tax,more and more into the Family Trust.
Governments seem to think it is a bottomless pit.The Mining industry knows there is a bottom to every pit.
Posted by BROCK, Saturday, 7 November 2015 9:35:28 AM
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