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War in Australia (any Oz Politics): the Original

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War in Australia (any Oz Politics): the Original

Old 17th Mar 2015, 01:31
  #16741 (permalink)  
 
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Oh, top post, Clare.
Get in touch with the Telegraph straight away - they pay for news tips, you know..
Meanwhile...
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Old 17th Mar 2015, 01:51
  #16742 (permalink)  
 
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In my opinion both sides of politics share blame for Australia’s welfare dependency and are well aware of how much it is costing us (about 45% of budgetary expenditure, I believe) and what needs to be done to fix it. However given Australia’s love of welfare, no party will win government with welfare restraint as part of their platform.
Exactly right but there is a fine distinction between the parties. The ALP trumpet they are the saviours of the "working class" and depend on welfare recipients for electoral support, and whether they are in goverment or opposition, they will always have that support.

The LNP are in a bind because they are punished if they make any move against welfare but it's not in their DNA to have the current level of welfare continue.

Unfortunately, there is an underclass of able bodied welfare recipients who have not and never will contribute back to society what they have been gifted by hard working taxpayers.

Now, if only taxpayers were entitled to a vote, it would be a whole new ball game.
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Old 17th Mar 2015, 02:06
  #16743 (permalink)  
 
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You may have a point there, Pinkus.
You might remember a chap called Kerry Packer.
He boasted on more than one occasion that he paid no tax.

But, do you think he would've worried about the lack of a vote?
There are plenty of people out there like him.

It's the mugs on PAYE that are carrying the unfair share of the burden.
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Old 17th Mar 2015, 03:43
  #16744 (permalink)  
 
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Stan ... yup, good old Kerry, the bloke who was in a TV advert for something or other, standing in front of a backdrop of Sydney harbour and intoning about his great love for Australia ...... not enough to pay taxes though !
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Old 17th Mar 2015, 04:06
  #16745 (permalink)  
Man Bilong Balus long PNG
 
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You might remember a chap called Kerry Packer.
He boasted on more than one occasion that he paid no tax.
You sure about that?

I can remember his now somewhat famous quote about minimising his tax... 'and if you don't minimise your tax then you need your head read...'

But I cannot ever remember him saying that he paid no tax whatsoever.
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Old 17th Mar 2015, 04:13
  #16746 (permalink)  
 
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I would have loved to 'minimise' my taxes but unfortunately they were annexed before I got the chance, just like the rest of the PAYE plebs.
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Old 17th Mar 2015, 05:27
  #16747 (permalink)  
 
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BOS

Go to a reputable accountant & see if there are any avenues, now or for future action.

& Pinky

I think the full exchange kept on going:

"because as a government I can tell you you're not spending it that well that we should be donating extra"
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Old 17th Mar 2015, 05:53
  #16748 (permalink)  
 
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Kerry Packer: "Of course I am minimising my tax. And if anybody in this country doesn't minimise their tax, they want their heads read, because as a government, I can tell you you're not spending it that well that we should be donating extra!"
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Old 17th Mar 2015, 06:24
  #16749 (permalink)  
 
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You may have a point there, Pinkus. You might remember a chap called Kerry Packer. He boasted on more than one occasion that he paid no tax.
You've lost me Stanwell. My point was whether taxpayers should have more say in who gets elected to govern, as opposed to those who are nothing but leeches on the public purse.

Seeing though you've raised Kerry Packer, he did make things happen, and while it was alway with a benefit for himself in mind, many others were dragged along in his slipstream. There is no question he paid taxes, minimised always, but paid.

I couldn't help but quietly admire him for taking government to task when he did. You're happy to admonish Packer for his unwillingness to pay tax - will you admonish the million or so Australians who've made "lifestyle choices" and unwilling to make any meaningful contribution to the society that supports them?

It's the mugs on PAYE that are carrying the unfair share of the burden
The only reason why they can be called "mugs", is because they willingly support these leeches who've made non-contributing "lifestyle choices". I minimise my tax (I'm not stupid either), but I know in the last FY I've paid enough taxes to keep at least 5 or 6 SW Sydney families safe at home from any form of work.
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Old 17th Mar 2015, 06:35
  #16750 (permalink)  
 
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I can remember his now somewhat famous quote about minimising his tax... 'and if you don't minimise your tax then you need your head read...
Yep every year millions of taxpayer plebes do their best to minimize their tax, either by themselves or though accountants. Why do we criticize some one who is more successful at it than us.

I ballsed up the other year an had to pay more.
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Old 17th Mar 2015, 07:01
  #16751 (permalink)  
Man Bilong Balus long PNG
 
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gupta & Dark Knight; Thank you, Gentlemen!
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Old 17th Mar 2015, 07:28
  #16752 (permalink)  
 
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Personally don't see any difference between welfare dependancy and credit dependancy. Those at the bottom of the food chain tend to be welfare dependant and those much higher up are borrowing money like it's going out of fashion with the intention of increasing their assets without having to work for them. Neither adds any value to society.
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Old 17th Mar 2015, 08:03
  #16753 (permalink)  
 
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I don't 'willingly' support leeches.
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Old 17th Mar 2015, 08:19
  #16754 (permalink)  
 
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Originally Posted by alisoncc View Post
Personally don't see any difference between welfare dependancy and credit dependancy. Those at the bottom of the food chain tend to be welfare dependant and those much higher up are borrowing money like it's going out of fashion with the intention of increasing their assets without having to work for them. Neither adds any value to society.
Now there's some (lack of) logic I don't understand. Those who borrow money pay interest on the borrowings, and are required to repay whatever they borrow. Those on welfare do neither - they just hold their hands out and take.
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Old 17th Mar 2015, 08:33
  #16755 (permalink)  
 
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If you doubt that there is a class of Australians out there who will never work one day in their lives - and to be fair, are quite possibly incapable of doing so thanks to their being third generation welfare recipients - catch a train through Campbelltown after 11am on any work (!) day. Not before 11 am, because they won't be out of bed until then. It's instructional, and not in a good way. You will never see a thicker array of tatts outside a bikie convention.
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Old 17th Mar 2015, 09:06
  #16756 (permalink)  
 
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Now there's some (lack of) logic I don't understand.
See previous postings relating to ridiculously low interest rates.
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Old 17th Mar 2015, 09:24
  #16757 (permalink)  
Man Bilong Balus long PNG
 
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Er Alison; But the initial loan still must be repaid, yes?

Maybe at a ridiculously low interest rate; but still repaid.

So where does the money to repay the loan/s come from?
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Old 17th Mar 2015, 12:07
  #16758 (permalink)  
 
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Pinky,
Re KP, yes sorry, he carefully used the word 'minimize'.
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Old 17th Mar 2015, 23:15
  #16759 (permalink)  
 
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Personally don't see any difference between welfare dependancy and credit dependancy.
Welfare dependents have no obligation to repay, borrowers have an obligation and a liability to repay credit with interest, and can be sued (and made bankrupt).

Those at the bottom of the food chain tend to be welfare dependant
Correct. More than likely welfare dependants or dependent on welfare.

and those much higher up are borrowing money like it's going out of fashion with the intention of increasing their assets without having to work for them.
When was the last time your medication was adjusted? When you borrow to increase your asset base you have to pay interest, and if interest rates are low then inflation is generally low, so the value of the asset will not increase unless there is some other upward demand pressure. A borrower takes risk and there is has to be a reward (why else take a risk), but there is also the chance for any investment to turn sour, that will result in margin calls, repossession and bankruptcy, which rapidly deliver you to the bottom of the food chain. Much the same as "Snakes and Ladders".....

Neither adds any value to society.
Welfare dependency subtracts from society and is at the moment an unlimited liability to the taxpayer.

Credit dependency is self limiting and not a burden on the taxpayer, unless you lose the lot...

Those who borrow (lets say a rental property) add value to their own account because they increase their wealth, add value to society because they provide a service to others who cannot afford a house, and provide work because somebody built the house in the first place.
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Old 17th Mar 2015, 23:41
  #16760 (permalink)  
 
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and those much higher up are borrowing money like it's going out of fashion with the intention of increasing their assets without having to work for them.
Now theres a very narrow view, or complete misunderstanding of the system, or should I say, the hand that feeds you.
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