Robert Gottleibson from Business Spectator raised this a couple of days ago. At first no one took much notice, including on this forum, but now the broader media has woken up (fantastic, fellas!). Even Radio National devoted considerable time to it in the Breakfast program this morning.If you are a retiree or a share owner and you vote Liberal - you lose.
As a friend said "this election is a choice between Dumb or Dumber."
Read below regarding how the parental scheme will be paid for.
The fact that retirees and those saving for retirement would pay a slice of the parental leave bill shows that the inter-generational game is not widely understood.
So a superannuation fund obtains a franking credit equal to the tax paid by the company. Those franking credits are currently calculated at a tax rate of 30 cents in the dollar. When the Abbott-Hockey plan is introduced the franking credits will be calculated on the basis of 28.5 cent in the dollar. They are worth less and so the retirees and those saving to pay for retirement cop the bill because Abbott and Hockey have simply swapped a tax for a levy aiming to lower the franking credit.
It is a clear attack on the older generation to benefit the up and coming generation.
Read more: http://www.businessspectator.com.au...-pay-paid-parental-leave-scheme#ixzz2cZNIVVk6
Tony Abbott's head is definitely pushed forward like he means business.Abbott obviously has to resist the temptation to punch his fat head in.
Tony Abbott's head is definitely pushed forward like he means business.
Abbott struts around like he is the heavy weight champion of the world.
Kev might have been a bit less hypo if he had a pee before he started.Abbott's best (and winning) line;
“Does this guy every shut up?”
More interested in the future than the present or past.At the end, I saw all crowd gathering around Abbott, not Rudd.
More votes for him if its true they were undecided.
Now $1.08/$7.50 with the handicap at 18.5.Sportsbet now has the odds at $1.09/$7.25 in favour of the Coalition and the handicap has blown out to 17.5.
Who won last night’s debate? Ask make-up artist Lily Fontana:
Just finished doing Kevin Rudd and Tony Abbott’s makeup for the People’s Forum at the Broncos Leagues Club.
One of them was absolutely lovely, engaged in genuine conversation with me, acknowledge that I had a job to do and was very appreciative. The other did the exact opposite! Oh boy, I have ever had anyone treat me so badly whilst trying to do my job. Political opinions aside...from one human being to another...Mr Abbott, you win hands down.
The big enigma of this contest is that polls show that Rudd is considered more likable that Abbott.:shake:
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The audience judging by their reaction had empathy for Tony Abbott's shut-up question in relation to Kevin Rudd.Rudds a cowardly weakling, he wouldn't talk to a man like that, com'on Tony give him one in the breadbasket for all Australians
The audience judging by their reaction had empathy for Tony Abbott's shut-up question in relation to Kevin Rudd.
Tony Abbott and the Liberals know Kevin Rudd's character is still flawed and that slow and steady will win the race. To that end, TA was calmer and generally more measured in his appearance last night. The only question now is whether the flawed character that is Kevin Rudd blows up before the election. That might be something the former team Gillard are quietly hoping for as a vindication for her time as PM.
The Gillard team might just be waiting to $h*t on him in the last week.
There is a gap of almost $30 billion between the size of the tax cuts and new spending the Coalition has promised and the savings it has unveiled so far, leading economist Saul Eslake estimates.
He predicts that the Coalition will ultimately adopt all of Labor's proposed budget savings measures, except for ending the tax break for cars bought through salary sacrifice.
Rudds a cowardly weakling, he wouldn't talk to a man like that, com'on Tony give him one in the breadbasket for all Australians
Why don't you do it yourself, big shot Burns.
You won't even get any jail time if you have a clean record.
"Come on" Burn's, put your fist where your big mouth is.
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