$42 billion Stimulus Package
#167
Re: $42 billion Stimulus Package
too right Sam, keep it local (well apart from Gunns dont give it to them )
#168
Guest
Posts: n/a
Re: $42 billion Stimulus Package
It will definately be interesting to see what the outcome of this will actually be....
I just hope it isn't wasted... Because it is a lot of money for us all to repay in the higher taxes later on.
But... if it is like the first lot that was paid out, it won't do much.
Hopefully the other bits, other than the $900 payments, may do something.
What I found interesting was the $4,000million jobs creation program request, was cut down to $200million by the Government.
I am no expert, but I thought this plan was supposed to be all about jobs ?
#169
Account Closed
Joined: Dec 2003
Posts: 2,375
Re: $42 billion Stimulus Package
With my 3 boys I'm looking at a new home theatre set-up ... wall to wall plasma's baby ...
"K-Rudd, K-Rudd, K-Rudd ..." was the distant cry as I drove up Marmion past Padbury & Craigie ...
"K-Rudd, K-Rudd, K-Rudd ..." was the distant cry as I drove up Marmion past Padbury & Craigie ...
#170
Re: $42 billion Stimulus Package
It will definately be interesting to see what the outcome of this will actually be....
I just hope it isn't wasted... Because it is a lot of money for us all to repay in the higher taxes later on.
But... if it is like the first lot that was paid out, it won't do much.
Hopefully the other bits, other than the $900 payments, may do something.
What I found interesting was the $4,000million jobs creation program request, was cut down to $200million by the Government.
I am no expert, but I thought this plan was supposed to be all about jobs ?
This is the only the second thing Ive seen agovt do that has made me sick and want to stop it -mostly because its going to be so painful down the line personally that its ridiculous. We're looking at huge mortgage rates in 3-4yrs and huge taxation. Excellent.
The investment in infrastructure Im all for - but the freeby handouts are wrong.
(The other thing was clause 28 in the UK but I was an 18yr old student and allowed to be rebellious )
#171
Joined: May 2006
Posts: 405
Re: $42 billion Stimulus Package
You are correct - turnbull was interesting - we are spending 4% of GDP to get 0.75-1.25% GDP Growth.... good maths boys....
This is the only the second thing Ive seen agovt do that has made me sick and want to stop it -mostly because its going to be so painful down the line personally that its ridiculous. We're looking at huge mortgage rates in 3-4yrs and huge taxation. Excellent.
The investment in infrastructure Im all for - but the freeby handouts are wrong.
(The other thing was clause 28 in the UK but I was an 18yr old student and allowed to be rebellious )
This is the only the second thing Ive seen agovt do that has made me sick and want to stop it -mostly because its going to be so painful down the line personally that its ridiculous. We're looking at huge mortgage rates in 3-4yrs and huge taxation. Excellent.
The investment in infrastructure Im all for - but the freeby handouts are wrong.
(The other thing was clause 28 in the UK but I was an 18yr old student and allowed to be rebellious )
The focus is simply wrong. All economies need to take the hit, now, rather than continue to perpetuate the same line that debt solves the day. It's crazy and I think these bad decisions will come to haunt us all for some time.
#173
Forum Regular
Joined: Mar 2007
Location: Caloundra
Posts: 37
Re: $42 billion Stimulus Package
So a family with 2 kids and one income of $150,000 get nothing and pay $43,250 annually in tax.
A family of 2 income earners on $75,000 each with 2 kids will get $950 each person and $950 each kid; or a total payout of $3800. That family's combined tax bill is $32,200.
The first family are therefore $15,000 worse off than the second.
I think I may have to send the wife out to work, halve my hours and put the kids into childcare; that will be good for the family.
A family of 2 income earners on $75,000 each with 2 kids will get $950 each person and $950 each kid; or a total payout of $3800. That family's combined tax bill is $32,200.
The first family are therefore $15,000 worse off than the second.
I think I may have to send the wife out to work, halve my hours and put the kids into childcare; that will be good for the family.
Hubby and i earn less than $100,000 a year, i work way more ours than i would chose but i am not complaining, i have a job, alot of others dont. My 2 children have to go into vacation care everytime there is a school holiday, i dont like it but i need to work, i dont have the luxury of being a home mum!.
You earn more than most!, hence why you pay more tax, dont like it change to a lower pay job, then see how long you would last!
#174
Re: $42 billion Stimulus Package
Sheesh, what can you do? My DH who was anti the package has just gone out and spent his (assuming he will get it) on a Swedish sharpening tool - I could quite easily have murdered him. We arent that well off enough we can afford to go splashing the best part of $1k around on some esoteric knife sharpener when he has been sharpening knives quite adequately for the past 60 years. I shall be even more p*ssed off with him if he doesnt get his handout for some reason!
Who'd have thought the stimulus package could stimulate divorce proceedings? Now we could have pooled resources and come up with RC airconditioning
Who'd have thought the stimulus package could stimulate divorce proceedings? Now we could have pooled resources and come up with RC airconditioning
#177
Joined: Feb 2007
Posts: 1,560
Re: $42 billion Stimulus Package
$150,000 i wish i earnt that much, i woudnt need the tax break!
Hubby and i earn less than $100,000 a year, i work way more ours than i would chose but i am not complaining, i have a job, alot of others dont. My 2 children have to go into vacation care everytime there is a school holiday, i dont like it but i need to work, i dont have the luxury of being a home mum!.
You earn more than most!, hence why you pay more tax, dont like it change to a lower pay job, then see how long you would last!
Hubby and i earn less than $100,000 a year, i work way more ours than i would chose but i am not complaining, i have a job, alot of others dont. My 2 children have to go into vacation care everytime there is a school holiday, i dont like it but i need to work, i dont have the luxury of being a home mum!.
You earn more than most!, hence why you pay more tax, dont like it change to a lower pay job, then see how long you would last!
I would love to be back at work i miss it. Being a stay at home mum is bloody hard work!! Im lucky we stay a float on hubby's income which i may add is less than $100,000 a year.
The OP who is frustrated by not getting anything in the package $150,000 sounds a lot but they could have big family to support and may struggle too you dont know there situation.
#178
Re: $42 billion Stimulus Package
IIm lucky we stay a float on hubby's income which i may add is less than $100,000 a year.
Stay afloat on $100,000 a year................I would be bloody walking on water! LOL
Stay afloat on $100,000 a year................I would be bloody walking on water! LOL
#179
Re: $42 billion Stimulus Package
I laughed very hard at the notion of having one parent stay at home being a luxury. Hahaha. We live on way, way less than $100K a year (that's a lot of cash!) but chose to have one at home because we thought it was more important to us than having top spec stuff, holidays and flash clothes. Horses for courses but rarely is having one parent at home full time a choice born of luxury!!!
I don't think we get any of the hand out cash as we only arrived a month ago. Damn
I don't think we get any of the hand out cash as we only arrived a month ago. Damn
#180
Forum Regular
Joined: Mar 2007
Location: Caloundra
Posts: 37
Re: $42 billion Stimulus Package
Being a stay at home mum is not a luxury for everyone its a must when you have no family to help out with childcare and young children, we worked it out by the time i payed for full time kindy for my 18 month old then vacation care for my 5 year old it just not worth it.
I would love to be back at work i miss it. Being a stay at home mum is bloody hard work!! Im lucky we stay a float on hubby's income which i may add is less than $100,000 a year.
The OP who is frustrated by not getting anything in the package $150,000 sounds a lot but they could have big family to support and may struggle too you dont know there situation.
I would love to be back at work i miss it. Being a stay at home mum is bloody hard work!! Im lucky we stay a float on hubby's income which i may add is less than $100,000 a year.
The OP who is frustrated by not getting anything in the package $150,000 sounds a lot but they could have big family to support and may struggle too you dont know there situation.
My father was a stay at home dad ( single parent ), it was no luxury for him, so i know the difference between not having to work because hubby earns $$$$ and being a stay at home because there is no other option.
lUXURY to one is not to another- its out own look at things