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Is Shorten PM material?

Is Shorten PM material?

  • Yes

    Votes: 6 16.2%

  • No

    Votes: 31 83.8%
  • Total voters
    37
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Its another call of the government knows better how to handle your money.
These schemes are open to everyone. Its not uber rich that use it. Generally its middle class (you know- the guys that pay for everything).

You can own a house and be called a millionaire these days. Doesn’t mean you don't struggle, or don't have cash flow problems.

But the name of the game for raising taxes is "class warfare". And look at the labor grubs go.
 
PZ99 said:
Cost of living wasn't anything like now either. I would argue people were better off then then now in a like for like scenario. Home ownership has been declining for 3 decades.

I reckon the increase in share ownership has more to do with falling deposit yields than the wage index
Click to expand...

I would argue that the cost off living, is very dependent on what you spend your money on, today there seems to be an infatuation with self indulgence.
Houses as a ratio to wages has increased, but as can be seen in W.A, where there has been a major correction, there has been little change in the spending behaviour of the young to take advantage of it, they are still spending everything on mobile phones, eating out and O/S holidays.
The major difference I see between todays youth and that of earlier generations, is that this generation feels Mum and Dad are an income source for life and Governments seem to be supporting the belief.

Anyway probably enough has been said on the subject, when the retirees money runs out, the Government will then have to do something about the attitudes of the current generation and somehow get them to save.
 
moXJO said:
But the name of the game for raising taxes is "class warfare". And look at the labor grubs go.
Click to expand...

The Libs have been playing class warfare for years. The Medicare co-contribution fiasco, trying to lower pension indexation, negative gearing that takes homes away from aspiring young people and gives them to the comfortably well off, 15% tax on super that again massively favours the well off, and a lot more.

The Liberal grubs under Howard spent like drunken sailors on their electorate and we just can't afford it any more. When Labor tries to do something for their electorate they are grubs, but anyone who doesn't like Labor's way can make their own suggestions for repairing the debt and deficit disaster that the Libs have left us with and propose to make worse with an unfunded company tax cut.
 
moXJO said:
Labor rusted on commie dh.
Yeah thats what I'm going with.
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Sounds like a comment from unhappy people that can't get a free ride without working.

Abbott's planned taxes on the middle class were far more intrusive.

Not to mention their planned cuts to wages :rolleyes:
 
PZ99 said:
Sounds like a comment from unhappy people that can't get a free ride without working.

Abbott's planned taxes on the middle class were far more intrusive.

Not to mention their planned cuts to wages :rolleyes:
Click to expand...

I wonder how many of the guilty are the ones who were on high public services salaries and super, retired at 55, own a negatively geared investment property or two ... even worse the ones who then went back as "consultants"?
 
PZ99 said:
Sounds like a comment from unhappy people that can't get a free ride without working.

Abbott's planned taxes on the middle class were far more intrusive.

Not to mention their planned cuts to wages :rolleyes:
Click to expand...
Are you saying wage slaving is a right, not an option for everyone?
Every opportunity should be given for people to get ahead if they put in the hard yards.
Cash handouts are baby bonus, dole payments, pensions, school bonus.
Its not a tax loophole if you would effectively be paying double tax.

And you have a lot more faith in government than I do for handling our money.

Abbott was over the top. Wasn't a fan of his, but he would have gutted out a lot.
 
moXJO said:
Are you saying wage slaving is a right, not an option for everyone?
Every opportunity should be given for people to get ahead if they put in the hard yards.
Cash handouts are baby bonus, dole payments, pensions, school bonus.
Its not a tax loophole if you would effectively be paying double tax.

And you have a lot more faith in government than I do for handling our money.

Abbott was over the top. Wasn't a fan of his, but he would have gutted out a lot.
Click to expand...
Ok so you're claiming this policy is confiscating an opportunity to get ahead? Try selling that to a business owner writing off local investment - because that's where the saved money is going.

I reckon the Libs have sour grapes they didn't do this themselves.

Don't know where you're going with wage slaving.
Wage slaving is Workchoices style legalised employee income theft.

Faith is a five letter word starting with F. Never count on it.
 
PZ99 said:
Ok so you're claiming this policy is confiscating an opportunity to get ahead? Try selling that to a business owner writing off local investment - because that's where the saved money is going.

I reckon the Libs have sour grapes they didn't do this themselves.

Don't know where you're going with wage slaving.
Wage slaving is Workchoices style legalised employee income theft.

Faith is a five letter word starting with F. Never count on it.
Click to expand...
Wage slaving for a living is what you seem to be advocating for.
 
Is Chris Bowen an idiot or hypocrite or both?
He's whinging about the scare campaign the Coalition are mounting about Labors new tax theft.
(mediscare, Chris ......?????)
 
Hopefully it will bring to a head the whole social scam of super, hopefully one of the media outlets will use this as a lever to highlight, the way super has become a political pawn.
Hopefully they can draw a line with, what is acceptable, to convince people to sacrifice their wages to super rather than to paying off a mortgage.
At the moment, super looks like the biggest scam perpetrated on the Australian public.IMO
To highlight this, how the hell Industry funds would be exempted, just shows a conflict of interest. IMO

Jeez just want to add, this is just my humble opinion, I'm sorry if I've offended anyone. Don't take offence or legal action I'm broke, I appologise, I will retract any statement I've made, sorry to Bill and the boy's and Julia and the girls, just sorry to anyone who wants to say I've said anything disparaging.
 
Jeez I might not be in so much $hit, now Labor are reducing the shock and awe, suprise, suprise.LOL

http://www.afr.com/news/labor-leans...ers-from-franking-credit-plan-20180318-h0xnbi

Maybe they have realised, it is just another brain fart on the back of a napkin, that costs Australia $hit loads of money, when everyone pulls the flucking money out and spends it.
This is the problem with Labor they want to appease the spenders, but you can't do that by making the savers, spenders too.
Well they got front page, for two days, now tone it down, any publicity is good publicity.

Can't wait to see the fall out with super funds, over the next six months.
Absolute FWITTS, IMO
It is just sad, that they can't sit down together and sort the whole tax system out. IMO
 
In the post below, just have a look at the amount of people who received a dividend, in 2015/2016.
Since then the amount you can have in the pension phase has reduced by a huge amount, which will have a huge impact on those numbers.
It will be another Labor fluck up, as usual.IMO
I just think Labor need to adopt a policy, any policy that will work for all.
No one is impressed with the Turnbull Government, why they would go completely left field, is beyond reasoning.IMO
Anyway, time for bed.lol
 

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