CARBON TAX ??$18,000 earnings
Before: $300
After: $0
$37,000 earnings
Before: $4,330
After: $3,127
$50,000 earnings
Before: $7,850
After: $7,547
Reference link to support this, please.Over 90%, apparently.
You are demonstrating your naivete and inexperience of the real world.What cost of living increase is that? I'd say the only cost of living comes from taxes that people have to pay directly.
The relevance is of far greater importance to people on low incomes. The Seniors Tax Offset is also removed.The new threshold effects everyone - not just low income earners. Because of it, you and I will pay no tax for the first $18,000 we make.
How come this sudden faith in the competence of the media?Incorrect. In fact your counter-claim that low income earners will not be taxed less is ludicrous, as if it were true the media would call the government out on their claim without delay.
.The tax free threshold will be increased from $6000 to $18.000, but consumers should be aware that at the same time various tax offsets will be abolished, viz in particular the Low Income Tax Offset and the Seniors Tax Offset
Don't you have an SMSF fund in pension mode? Drawing a tax free pension?And SCM, what do you mean with your reference to the tax 'you and I " pay?
Given you don't appear to have a job, how are you required to pay tax?
We don't tax uni students yet do we?
If you read what I actually posted, I referred only to SCM's tax status, not mine.Don't you have an SMSF fund in pension mode? Drawing a tax free pension?
SCM - you are a bit out of date with your chart ending in January this year - labor have lost more ground since then.
CARBON TAX ??
Reference link to support this, please.
Armidale received the highest take-up of all five mainland sites of over 90 per cent of those premises included in the build.
You are demonstrating your naivete and inexperience of the real world.
Businesses having to pay the carbon tax will pass this on to the consumer.
Additionally there will be price gouging by many businesses.
The relevance is of far greater importance to people on low incomes.
The Seniors Tax Offset is also removed.
And SCM, what do you mean with your reference to the tax 'you and I " pay?
Given you don't appear to have a job, how are you required to pay tax?
We don't tax uni students yet do we?
How come this sudden faith in the competence of the media?
Indeed, a few of the more able media representatives have made this point, but certainly not enough.
If there were any honesty and transparency the government would announce the policy thus:
.
Conveniently, they avoid mentioning the last part. This is my point.
I feel even more strongly about the inadequacy of the Newstart allowance, though there's not the remotest chance of it ever affecting me personally.
That's obvious.How does that relate to the calculations I provided?
That's obvious.
Because of a carbon tax people pay less tax than otherwise?
Haha - you are conveniently forgetting that the cost of living is going to rise significantly (imo) under a carbon tax.
It is far more likely that people will be more out of pocket than the compensation they receive.
IOW - that means carbon tax is costing them MORE than the tax they already pay. Or is that too hard to understand????
What's behind the Gillard subterfuge about not naming the 500 companies she's going to impose the carbon tax on?
No offense intended, but you did say "the tax that you and I pay" or something similar. Was a tad misleading, but I will take your point as explained in your latest post.If you read what I actually posted, I referred only to SCM's tax status, not mine.
What's behind the Gillard subterfuge about not naming the 500 companies she's going to impose the carbon tax on?
Perhaps it maybe linked to some legislation relating to share price etc.(price sensitive)
I would assume some people would sell, if they knew the company they had invested with was going to be "clouted" by a carbon tax.
joea
IOW - that means carbon tax is costing them MORE than the tax they already pay. Or is that too hard to understand????
Hah. No intelligent voters would allow Australia to be in the position it is in now. The fact is, the majority of electorate severely misunderstand everything from economics, to immigration.
Any action on global warming is going to cost money. At the time of the last election, the majority wanted action. It's that simple.
Yeah - Starcraftmazter is clearly playing to (and assuming) the lowest common denominator here.
But even with no brains, the "no brainer" question to ask surely has to be "What's in it for me?"
That carbon tax is going to permeate everything when it comes in. Gillard will just have to go when that happens...at the hands of her own caucus
Any action on global warming is going to cost money. At the time of the last election, the majority wanted action. It's that simple.
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