Abbott in Government

[knasty]

Re: Oz Federal Election 2013 - Discussion and Comments

We'll have to agree to disagree. It's very easy to spend someone else's money. It not so easy to earn it for yourself. In my view the desire to take 70% of someone else's salary is far greedier than my desire for fellow citizens to be able to keep 70% of theirs. But again that's just my opinion. I think I will concentrate on the frequent flying threads as this one is depressing me.

 

[Moody]

Re: Oz Federal Election 2013 - Discussion and Comments

We'll have to agree to disagree. It's very easy to spend someone else's money. It not so easy to earn it for yourself. In my view the desire to take 70% of someone else's salary is far greedier than my desire for fellow citizens to be able to keep 70% of theirs. But again that's just my opinion. I think I will concentrate on the frequent flying threads as this one is depressing me.

The only people losing an effective 70% of their income (as has been discussed) are those on low incomes who have their benefits scaled back when they reach certain thresholds. In his latter years my father was on a sole parent pension and the magic number for him (salary-wise) was $50pw. After that it was all pretty pointless.

But by all means go off in a huff somewhere else if you don't like paying 46.5 cents to the government for every dollar you earn above $180K. I wish I were in that position!

 

[drsmithy]

Re: Oz Federal Election 2013 - Discussion and Comments

We'll have to agree to disagree. It's very easy to spend someone else's money. It not so easy to earn it for yourself. In my view the desire to take 70% of someone else's salary is far greedier than my desire for fellow citizens to be able to keep 70% of theirs. But again that's just my opinion. I think I will concentrate on the frequent flying threads as this one is depressing me.

No-one loses 70% of their salary to tax. Even if we had a comparable-to-the-past 60-70% top marginal rate, it would kick in at well over a million and only a handful of people would be affected. The vast, vast majority of people would be in exactly the same situation they are today.

Who is greedier ? The half a dozen starving people who want enough to food to survive, or the man with ten times as much as he could eat but won't give them any ?

 

[Pukka]

Re: Oz Federal Election 2013 - Discussion and Comments

We'll have to agree to disagree. It's very easy to spend someone else's money. It not so easy to earn it for yourself. In my view the desire to take 70% of someone else's salary is far greedier than my desire for fellow citizens to be able to keep 70% of theirs. But again that's just my opinion. I think I will concentrate on the frequent flying threads as this one is depressing me.

Lol I did tell you

 

[Pukka]

Re: Oz Federal Election 2013 - Discussion and Comments

No-one loses 70% of their salary to tax. Even if we had a comparable-to-the-past 60-70% top marginal rate, it would kick in at well over a million and only a handful of people would be affected. The vast, vast majority of people would be in exactly the same situation they are today.

Who is greedier ? The half a dozen starving people who want enough to food to survive, or the man with ten times as much as he could eat but won't give them any ?

The half a dozen because they are parasites.

 

[Hvr]

Re: Oz Federal Election 2013 - Discussion and Comments

The half a dozen because they are parasites.

Sadly I believe you are actually serious.

 

[Pukka]

Re: Oz Federal Election 2013 - Discussion and Comments

Sadly I believe you are actually serious.

Mmmm

Sent from my table in Rockpool after a nice steak and a rather nice claret

 

[JohnK]

But seriously .... everyone thinks they pay too much tax and everyone else pays too little. It's called greed and it's natural so don't be too hard on yourselves.

I am paying way too much tax and the majority are not paying enough.

I am not greedy but I don't want someone else deciding how much tax I should pay based on what I earn. e.g flood levy.

I am the one that is saving for my retirement. Not the government.

 

[knasty]

Re: Oz Federal Election 2013 - Discussion and Comments

Who is greedier ? The half a dozen starving people who want enough to food to survive, or the man with ten times as much as he could eat but won't give them any ?

I wouldn't know. I sponsor 2 Latin American girls through the Salvation Army to assist with their food, living standards and education. Do I need to sponsor 4 more to meet your criteria? I hope those questioning the charity of others are comfortable with their own actions (or lack thereof as applicable).

 

[drsmithy]

I am paying way too much tax and the majority are not paying enough.

Of course. After all, any tax is too much tax, right ?

I am not greedy but I don't want someone else deciding how much tax I should pay based on what I earn. e.g flood levy.

You're quite greedy, and you've amply demonstrated that previously. Are you also against progressive taxation ?

I am the one that is saving for my retirement. Not the government.

Yet you seem quite prepared to leech off the money the Government provides.

 

[drsmithy]

Re: Oz Federal Election 2013 - Discussion and Comments

I wouldn't know. I sponsor 2 Latin American girls through the Salvation Army to assist with their food, living standards and education. Do I need to sponsor 4 more to meet your criteria? I hope those questioning the charity of others are comfortable with their own actions (or lack thereof as applicable).

I don't recall questioning the charity of anyone.

You pay taxes because they buy civilisation, not out of "charity".

 

[medhead]

Re: Oz Federal Election 2013 - Discussion and Comments

Of course not I am asking when is enough enough? I have stated approx one third as top marginal rate is fair in my opinion. Do you agree that almost 50% is fair? Whatever the rate I think the view often stated that "the rich" don't pay their fair share of tax is a bit rich when 9% of taxpayers contribute 50% of personal income tax.

I'm sure that 9% is wrong. But in any case it is all dependent on wealth and income share. How much of the total income do they earn?

 

[medhead]

Re: Oz Federal Election 2013 - Discussion and Comments

I don't know of any individual with a tuppence worth of brains who'd turn down a new job, a promotion, whatever, solely because their taxable income would push into the next marginal rate.

There is one on this board that has that view.

 

[knasty]

Re: Oz Federal Election 2013 - Discussion and Comments

Google "100 people ato" and it's the first link published by the ATO

 

[medhead]

Re: Oz Federal Election 2013 - Discussion and Comments

We'll have to agree to disagree. It's very easy to spend someone else's money. It not so easy to earn it for yourself. In my view the desire to take 70% of someone else's salary is far greedier than my desire for fellow citizens to be able to keep 70% of theirs. But again that's just my opinion. I think I will concentrate on the frequent flying threads as this one is depressing me.

Pretty damn disgusting attitude. I certainly have earned enough to be hit with the top marginal tax rate.

 

[medhead]

Re: Oz Federal Election 2013 - Discussion and Comments

Google "100 people ato" and it's the first link published by the ATO

So the pay 49% of tax. And they earn what share of the income? That's the key question. The next 66% pay 51% of the tax. What is there share of income? That is the next key question. Finally how do the income shares compare?

 

[Pukka]

Re: Oz Federal Election 2013 - Discussion and Comments

Pretty damn disgusting attitude. I certainly have earned enough to be hit with the top marginal tax rate.

Actually I think it's a very refreshing attitude I'm getting sick to death of being one of the few that contributes any common sense to this thread

 

[knasty]

Re: Oz Federal Election 2013 - Discussion and Comments

How is proposing a top rate of taxation in line with that of NZ (ie close to 1/3) and reducing middle class welfare disgusting?

 

[medhead]

Re: Oz Federal Election 2013 - Discussion and Comments

How is proposing a top rate of taxation in line with that of NZ (ie close to 1/3) and reducing middle class welfare disgusting?

The accusation that people are just spending your money without paying anything them self is disgusting.

As for your suggestion, as has been established the top marginal tax rate has very little correlation to the effective tax rate people pay.

Would be interested in your views about Abbott reintroducing middle/upper income welfare.

 

[medhead]

Re: Oz Federal Election 2013 - Discussion and Comments

Actually I think it's a very refreshing attitude I'm getting sick to death of being one of the few that contributes any common sense to this thread

Common sense only in your own imagination.

You are, after all, the person who would refuse to earn more income because of the tax that must be paid. You're the one who thinks cutting welfare to the poor in society has no cost for law and order.

Not much sense from you at all.