Call To Raise GST A Regressive Step?
#166
Lost in BE Cyberspace
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Re: Call To Raise GST A Regressive Step?
Any particular reason for that? If the wealth was shared more, more would pay. Kinda makes since when you think of it.
Last edited by the troubadour; Jan 15th 2015 at 10:22 am.
#167
Lost in BE Cyberspace
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Joined: Oct 2008
Location: Perth
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Re: Call To Raise GST A Regressive Step?
You are correct. The more wealth one creates the more you pay in tax. Compounding when it comes income tax.
Yet you keep insisting the wealthy do not pay their share.
Few facts were outlined earlier. From memory the wealthiest 2% pay 26%. There was an intersting stat from the UK too.
Still you insist the wealthy do not pay their share.
Yet you keep insisting the wealthy do not pay their share.
Few facts were outlined earlier. From memory the wealthiest 2% pay 26%. There was an intersting stat from the UK too.
Still you insist the wealthy do not pay their share.
#168
Lost in BE Cyberspace
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Joined: Oct 2008
Location: Perth
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Re: Call To Raise GST A Regressive Step?
You can have a civil society with less civil servants, less welfare and less tax. In fact it would be a better place as it would be more efficient and more people would be pushing to better themselves
The Fabians have brainwashed you, but it's not your fault as the vast majority have been brainwashed
The Fabians have brainwashed you, but it's not your fault as the vast majority have been brainwashed
There are going to be many and increasingly more people unable to obtain positions anywhere close to their qualifications. This situation will expand with business looking at increasingly cheaper options to hiring skilled workers.
What to do post employment options more the question.
Please expand on your reading material. I am far from brain washed as I suspect you are well aware.
#170
Re: Call To Raise GST A Regressive Step?
It's quite clear that the resentment is coming from you.
Regardless of what people feel, show us the hard cold facts that you were referring to. Some data you've plucked from random posts on here does not suffice. If corporate welfare was to be properly means tested, show us what the implications would be to business and then the economy. You don't have those facts, do you? But you agreed that hey should be properly means tested, correct? So where's your resentment coming from?
Regardless of what people feel, show us the hard cold facts that you were referring to. Some data you've plucked from random posts on here does not suffice. If corporate welfare was to be properly means tested, show us what the implications would be to business and then the economy. You don't have those facts, do you? But you agreed that hey should be properly means tested, correct? So where's your resentment coming from?
#171
Re: Call To Raise GST A Regressive Step?
LOL at some massive generalisations in this thread.
Like it or not the reason we have a GST is to tax the "cash economy". Too many people not paying tax, cheating etc. This still happens but at least tax is collected on their consumption.
What really gets me angry is the likes of Apple, Ikea and the like not paying tax on their profits. They may employ staff but they are not contributing imo.
They have bipartisan support to get away with it. make them pay or get out.
Like it or not the reason we have a GST is to tax the "cash economy". Too many people not paying tax, cheating etc. This still happens but at least tax is collected on their consumption.
What really gets me angry is the likes of Apple, Ikea and the like not paying tax on their profits. They may employ staff but they are not contributing imo.
They have bipartisan support to get away with it. make them pay or get out.
#172
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Re: Call To Raise GST A Regressive Step?
I don't supply the food and booze in a manner of speaking to something that is well documented, well known and vert readily found in the public area.
Whatever would you have done pre goggle days?
You are perfectly capable with the most basic of searches to ascertain all I write is the truth. Whether it fits in with the way you wish to view the world is another story. It obviously doesn't.
I wonder where you get the old throw away line with the need to drag out the term resentment? At what? More a case of sorrow the direction certain bod's want to take our world even when shown to be wrong.
Whatever would you have done pre goggle days?
You are perfectly capable with the most basic of searches to ascertain all I write is the truth. Whether it fits in with the way you wish to view the world is another story. It obviously doesn't.
I wonder where you get the old throw away line with the need to drag out the term resentment? At what? More a case of sorrow the direction certain bod's want to take our world even when shown to be wrong.
#173
Lost in BE Cyberspace
Thread Starter
Joined: Oct 2008
Location: Perth
Posts: 6,775
Re: Call To Raise GST A Regressive Step?
LOL at some massive generalisations in this thread.
Like it or not the reason we have a GST is to tax the "cash economy". Too many people not paying tax, cheating etc. This still happens but at least tax is collected on their consumption.
What really gets me angry is the likes of Apple, Ikea and the like not paying tax on their profits. They may employ staff but they are not contributing imo.
They have bipartisan support to get away with it. make them pay or get out.
Like it or not the reason we have a GST is to tax the "cash economy". Too many people not paying tax, cheating etc. This still happens but at least tax is collected on their consumption.
What really gets me angry is the likes of Apple, Ikea and the like not paying tax on their profits. They may employ staff but they are not contributing imo.
They have bipartisan support to get away with it. make them pay or get out.
It does impact consumption though. We all pay it at time of purchase just not always on services.
The rorts are truly mind boggling with the big corporates. The rich also have avoidance measures in place of course through creative accountancy.
They seem to labour under the impression that it is the amount paid in comparison with the pay as they earn that dignifies such a stance, rather than the real amount from such high earnings.
#174
Lost in BE Cyberspace
Thread Starter
Joined: Oct 2008
Location: Perth
Posts: 6,775
Re: Call To Raise GST A Regressive Step?
It's quite clear that the resentment is coming from you.
Regardless of what people feel, show us the hard cold facts that you were referring to. Some data you've plucked from random posts on here does not suffice. If corporate welfare was to be properly means tested, show us what the implications would be to business and then the economy. You don't have those facts, do you? But you agreed that hey should be properly means tested, correct? So where's your resentment coming from?
Regardless of what people feel, show us the hard cold facts that you were referring to. Some data you've plucked from random posts on here does not suffice. If corporate welfare was to be properly means tested, show us what the implications would be to business and then the economy. You don't have those facts, do you? But you agreed that hey should be properly means tested, correct? So where's your resentment coming from?
I find it hard to believe they are not of the ability to see the errors of their ways, just the brain washing has created a different set of values in how they view the world around them.
Their inability to see the damage being created or would eventuate is somewhat distressing ,but tomorrow when the wheel turns and present baggage dispensed with, they will likely jump on board the next ' great phase in economic enlightenment' whatever that might be.
#175
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Joined: May 2002
Location: Offices in Melbourne, Brisbane, Perth, Geelong (Australia), and Southampton (UK)
Posts: 6,459
Re: Call To Raise GST A Regressive Step?
I find that rather lame I'm afraid. The cash economy is very much alive and well. Even promotes it with tradies and those able to take advantage by dropping the GST in their charges.
It does impact consumption though. We all pay it at time of purchase just not always on services.
The rorts are truly mind boggling with the big corporates. The rich also have avoidance measures in place of course through creative accountancy.
They seem to labour under the impression that it is the amount paid in comparison with the pay as they earn that dignifies such a stance, rather than the real amount from such high earnings.
It does impact consumption though. We all pay it at time of purchase just not always on services.
The rorts are truly mind boggling with the big corporates. The rich also have avoidance measures in place of course through creative accountancy.
They seem to labour under the impression that it is the amount paid in comparison with the pay as they earn that dignifies such a stance, rather than the real amount from such high earnings.
Do you blame the individuals/corporations, or the politicians who legislate?
Remember this famous quote:
"Anyone may arrange his affairs so that his taxes shall be as low as
possible; he is not bound to choose that pattern which best pays the
treasury. There is not even a patriotic duty to increase one's taxes.
Over and over again the Courts have said that there is nothing sinister
in so arranging affairs as to keep taxes as low as possible. Everyone
does it, rich and poor alike and all do right, for nobody owes any
public duty to pay more than the law demands."
It is with this in mind that I question anyone who asserts that the tax paid by any person or corporation should be "fair".
Best regards.
#176
Re: Call To Raise GST A Regressive Step?
Troubadour, its not lame just pragmatic. The cash economy will always be alive and well it is just that this is a more effective system, not a catch all. As Alan suggest everyone will only pay as low as possible. A consumption tax catches more than any other tax, even tradies have to declare some income to offset their GST payable. As a small business owner I know this myself.
The legislators are the ones who can effect change yet they are reticent due to their ties with big business. Over 50% of our largest companies have a accts and business in overseas tax havens. Average tax paid 10%, James Hardie 0%, Murdoch s Fox 1% to name a couple. $80 billion in lost taxes in last few years.
"House of Cards" lives and breathes in this country as well. Power corrupts absolute power corrupts absolutely.
Corporate governance is a joke.
The legislators are the ones who can effect change yet they are reticent due to their ties with big business. Over 50% of our largest companies have a accts and business in overseas tax havens. Average tax paid 10%, James Hardie 0%, Murdoch s Fox 1% to name a couple. $80 billion in lost taxes in last few years.
"House of Cards" lives and breathes in this country as well. Power corrupts absolute power corrupts absolutely.
Corporate governance is a joke.
#177
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Joined: May 2002
Location: Offices in Melbourne, Brisbane, Perth, Geelong (Australia), and Southampton (UK)
Posts: 6,459
Re: Call To Raise GST A Regressive Step?
Over 50% of our largest companies have a accts and business in overseas tax havens.
And with corporate tax rates at 30% in Australia I'm not surprised.
I wonder how many more people would be employed here - and much extra PAYG would be paid in Australia - if the company tax rate in Australia was reduced to 15%.
Best regards.
And with corporate tax rates at 30% in Australia I'm not surprised.
I wonder how many more people would be employed here - and much extra PAYG would be paid in Australia - if the company tax rate in Australia was reduced to 15%.
Best regards.
#178
Re: Call To Raise GST A Regressive Step?
Indeed and your posts follow the same rigid, stereotypical themes only: Australia is shit, the UK is utopia, boasting about how much you have (and sneering at and looking down on those who have less)
A right old pair aren't we!
#179
Re: Call To Raise GST A Regressive Step?
Nothing has changed. You're just of the many BE posters who only read what they want to read #blinkerson