Sufficient revenue to cover the responsibilities as determined by the Australian Public

[Thwakball]

In the late 80's the excise revenue from BP covered the old age pension.

It's convenient to call for BP to pay the bill but raising excise hits the voters pocket.

What is BP ?

I am guessing....British Petroleum?

good guess.

[Bobby]

Fuel excise is supposed to pay for roads.

[Thwakball]

Fuel excise is supposed to pay for roads.

True and I'm not sure why that is relevant??? Enlighten me please?

[Bobby]

Fuel excise is supposed to pay for roads.

True and I'm not sure why that is relevant??? Enlighten me please?

You mentioned fuel excise and pensions.

by Thwakball » Sat Sep 03, 2022 8:12 pm

In the late 80's the excise revenue from BP covered the old age pension.

[Thwakball]

Fuel excise is supposed to pay for roads.

True and I'm not sure why that is relevant??? Enlighten me please?

You mentioned fuel excise and pensions.

by Thwakball » Sat Sep 03, 2022 8:12 pm

In the late 80's the excise revenue from BP covered the old age pension.

Sorry. My mistake. I should have referenced the following from a previous post

If anyone has knowledge of the revenue versus expense side of things for Governments as well as system issues, this is the ideal opportunity to enlighten members.

The point I was making so badly was that the decisions of government made since the late 80s reduced revenue and that when every one of those decisions was made the government knew that it would reduce revenue. Most of the decisions were made for political gain.

Ergo, we get the government we vote for and if there is not enough money to pay for the services we want it's not the fault of big business, it's the fault of government and therefore our fault because we voted for them.

[Bobby]

Fuel excise is supposed to pay for roads.

True and I'm not sure why that is relevant??? Enlighten me please?

You mentioned fuel excise and pensions.

by Thwakball » Sat Sep 03, 2022 8:12 pm

In the late 80's the excise revenue from BP covered the old age pension.

Sorry. My mistake. I should have referenced the following from a previous post

If anyone has knowledge of the revenue versus expense side of things for Governments as well as system issues, this is the ideal opportunity to enlighten members.

The point I was making so badly was that the decisions of government made since the late 80s reduced revenue and that when every one of those decisions was made the government knew that it would reduce revenue. Most of the decisions were made for political gain.

Ergo, we get the government we vote for and if there is not enough money to pay for the services we want it's not the fault of big business, it's the fault of government and therefore our fault because we voted for them.

They made up for that by printing money -
we're now in $1 trillion of debt.

[Thwakball]

So your contention is that it's all the governments fault and even though we elected them we are not to blame for anything that they do?

[Bobby]

So your contention is that it's all the governments fault and even though we elected them we are not to blame for anything that they do?

We live in a one party communist state with 2 branches:
Labor and Liberal.

They have almost the same policies on everything -
so - our votes don't count for any great changes.
Labor will keep on printing money too.
I bet it will be $2 trillion in debt before long.

( The Govt. issues Govt. bonds and
the Reserve bank buys them with printed money.
The Govt. then spends that printed money.
It causes massive inflation and destroys savings in the bank )

[Thwakball]

So your contention is that it's all the governments fault and even though we elected them we are not to blame for anything that they do?

We live in a one party communist state with 2 branches:
Labor and Liberal.

They have almost the same policies on everything -
so - our votes don't count for any great changes.
Labor will keep on printing money too.
I bet it will be $2 trillion in debt before long.

( The Govt. issues Govt. bonds and
the Reserve bank buys them with printed money.
The Govt. then spends that printed money.
It causes massive inflation and destroys savings in the bank )

So who is the leader of the one party communist state?

[Bobby]

So your contention is that it's all the governments fault and even though we elected them we are not to blame for anything that they do?

We live in a one party communist state with 2 branches:
Labor and Liberal.

They have almost the same policies on everything -
so - our votes don't count for any great changes.
Labor will keep on printing money too.
I bet it will be $2 trillion in debt before long.

( The Govt. issues Govt. bonds and
the Reserve bank buys them with printed money.
The Govt. then spends that printed money.
It causes massive inflation and destroys savings in the bank )

So who is the leader of the one party communist state?

That's a secret - probably someone in the Freemasons.