Prepare for the WORST "Govt" in Australa's history

[Patriot]

If you thought the Krudd/Gillard/Krudd chaotic brothel was bad then steel yourself because the Shorten Catastrophe will put the terrible destructive previous Socialist Labor+Greenies abortion in the shade.

The Greenies will be in charge again as they will have the power in the Senate so prepare for the BOATS to RESTART as they try to turn Australia into a sick stinking brown multicultural ghetto like something out of darkest Africa!!!!!

Prepare to pay about 5 to 6 times MORE for your power with Labor+Greenies 50% renewable stuff combined with a RETURN of the CARBON TAX!!!!  And prepare for the inevitable blackouts.

Prepare for out of control mad union insanity as they close down the last few industries left in Australia.

Prepare to be robbed by the sick Commo unions.



The Greenies "vision" for Australia - feel a bit scared now ?



Data analysis shows lower income retirees to be hardest hit by ALP franking credit proposal
12 Nov, 2018

A 20-year projection of different income levels confirms that lower earning retirees will be hit hardest by the ALPs proposed removal of franking credit refunds.

Data analysis by SuperConcepts confirms that retirees with an account-based pension receiving a minimum pension amount of $45,000/annum at age 65, will find themselves 15% worse off in retirement savings after 20 years.

“The data is very confronting and it was one of the key reasons why we made a detailed submission to the House of Representatives Standing Committee on Economics,” said the report author Peter Burgess, SuperConcepts general manager of technical and education services.

“Our data analysis supports a view that the Federal Budget will receive much less than the projected $55 billion over 10 years from this measure and that the budget savings will not come from high net worth individuals, rather it will come from the lower end of the income spectrum,” Mr Burgess said.

Our analysis illustrates the impact of removing refundable franking credits over 20 years on the superannuation balance of a member who at age 65 had an SMSF balance equivalent to the average SMSF balance for a member of that age (i.e. $900,000)1.

The calculations assume a 40% allocation to Australian shares, 3% capital growth and a 4% income return. The calculations also assume the SMSF has a single member who only has a retirement phase interest in the fund and is receiving the minimum annual pension entitlement from an account-based pension.

Our analysis shows that the member’s closing balance after 20 years would be $825,519 if refundable franking credit were removed compared to $953,480 if refundable franking credits were not removed.

“This equates to a significant impact on the fund’s earning rate and the total income received per annum,” said Mr Burgess. “In year one the total income received including franking credits is $36,771 compared to $30,600 if refundable franking credits were removed. After five years the income differential is $7,631/annum and after 10 years the differential is $9,207 /annum.

“As a consequence, after 10 years the member’s minimum annual pension entitlement would reduce from $60,756 to $56,762 and after 20 years from $88,298 to $76,991.

“This is due to their retirement phase benefit being replenished at a lower rate as pension payments are made, resulting in a quicker depletion of their superannuation assets. While the member in this example could increase their pension payments above the annual minimum requirement, this would accelerate the depletion of their capital and increase their dependency on the age pension at an earlier age.

“It’s also worth noting, with the introduction of the superannuation reforms on 1 July 2017, superannuants with substantial balances are less likely to be impacted by the removal of refundable franking credits.

“This is because the introduction of the $1.6 million transfer balance cap on 1 July 2017 effectively limits the amount of franking credits which are refundable under the current regime.

“Superannuants, who before 1 July 2017 had pension balances in excess of $1.6 million, where required to withdraw any excess pension balance above $1.6 million or transfer the excess balance to an accumulation interest in the fund.

“As investment earnings derived from assets supporting an accumulation interest are taxable, the existence of an accumulation interest results in the fund having some taxable income to utilise its franking credits rather than those credits being refunded which may have been the case prior to the 2017/18 income year.

“This is an important point because it means SMSF members with a total superannuation balance in excess of the general transfer balance cap (currently $1.6 million) may not be impacted, or the impact from removing refundable franking credits, will be much less than first anticipated.

“In other words, the projected budget savings of $55 billion over 10 years is unlikely to be realised and much of the revenue that will be raised will come from the superannuation accounts of members which much smaller superannuation balances,” said Mr Burgess.

https://www.superconcepts.com.au/Insigh ... t-proposal

[FLEKTARN]

If you don't mind me asking, what's that carbon tax?

[Valkie]

A carbon tax is where the grubberment taxes nothing and sell the nothing for a profit.

You can buy carbon credits, which don't actually represent anything, and use these to allow you to pollute more.

Farmers gain on this because they can get carbon credits for doing nothing and producing nothing, but selling that nothing to companies who wish to pump shite into the air.

So
The grubberment makes money from nothing
The farmers don't produce anything and make money from nothing
Businesses making stuff have to purchase nothing in order to continue producing
And the end user has to pay for all the nothings that are never produced while business makes things.

Sort of like any tax
The parasitic grubberment take 1/3 of everyone's income and waste it
Oh, and they make sure they keep the lions share for doing nothing more than making sure people pay them for NOTHING

[LEFTWINGER supreme]

If you don't mind me asking, what's that carbon tax?

It's when the liberal party give you 550 bucks... Oh wait

[FLEKTARN]

If you don't mind me asking, what's that carbon tax?

It's when the liberal party give you 550 bucks... Oh wait

Huh?

[Rorschach]

it's when labor pays dead people....

[Outlaw Yogi]

What this country needs is a good old fashioned civil war ... yeah, that'll fix it.

[Patriot]

Poor Lefties unable to think straight as their poor brains are malfunctioning due to overheating by Global Warming and exposure to high concentrations of dangerous poisonous Carbon Dioxide gas. They even believe in the Global Warming HOAX!!!!!

And now just to totally confuse the already confused Lefties






The poor Lefties from the DARK SIDE have lost focus as Shorty's unfunded renamed Greeny junk "Policies" blur into a massive debt swirling in smelly incompetence.


But there is hope for Lefty retirees that Labor will sink them with their evil Retiree Tax.





But for the Lefties the biggest thrill of all is when Shorty RESTARTS the BOATS





And Lefties won't you be really thrilled when your power bill increases by 5 to 6 times as Labor wrecks the power system and brings back the Greenies' Carbon Tax ? And even tho those few who have solar panels on a north facing roof will be hit as the enormous power increases will hit food and everything else.





And for the very few Lefties who actually work you will very likely lose your job as Labor + unions hit the hated small businesses with penalty rates and squashes them as anti Socialist anti union renegades.

[Patriot]

Holy Moses!!! Talk about putting a cat amongst the Lefty pigeons!!!!!

Are the WELFARE Dependent Lefties so blind and gullible they cannot see what a sick disaster Labor + Greenies would be ?

Do you Lefties want to pay 5 to 6 times as much for your power after the Labor+Greeny imbeciles bring back the carbon tax plus wreck the Australian power network with their technically unachievable 50% renewable rubbish ?

The Greenies will control the Senate in case you out of it Lefties have not realized and so the Greenies will control Labor just like the last six sick years of Socialist waste and disgrace and shame.

Do you want to see the housing market collapse ?

Do you want to see pensioners freezing to death in winter because they cannot afford to turn a heater on ?

Do you want to see retirees out on the street because Labor steals their dividends from them ?

Do you want to see Labor RESTART the BOATS and bring thousands of Black African Terrorists into Australia when everyone else says reduce immigration ?

Do you want to see Labor+Greenies rack up a $ trillion debt and then waste the lot on Socialist stupidity just like last time ?

But then all Lefties care about is WELFARE and Bob Hawke singing Solidarity Forever off key. And Shorty has the charisma of roadkill.


Now get the facts about the Shorten "Govt" which would be the worst "govt" in Australia's history.

L-NP supporter concerns about the election of a Labor Party Government at the next Federal Election include the control the unions would have over the new Government with Bill Shorten as Prime Minister and questions about Shorten’s leadership capabilities. Many L-NP supporters say Shorten has poor leadership skills and his Government would be incompetent.

Many L-NP supporters also say an ALP Government would relax immigration policies and leave Australia with open borders and an influx of refugees because Labor is in bed with the Greens. L-NP supporters also mentioned the ALP’s poor economic management with spending blowouts and and increasing the debt as well as concerns about Labor’s policies towards superannuation.

The most frequently expressed concern from L-NP supporters about a potential ALP Government under Bill Shorten was the concern about Shorten’s union influence mentioned by many L-NP supporters that Shorten is beholden to the Unions (and also the Greens) and this will lead to out of control labour costs and hurt small businesses in the process.


“Run by union heavyweights who control Shorten.”

“Out of control labour costs due to union demands on small businesses.”

“Union power, the economy, power prices and their spending.”

“Inappropriate union influence.”

“Influence of the unions.”

“Bill Shorten – he is a union puppet!”

“They would be beholden to the unions.”

“Union control and Greens.”

“Shorten having his union mates in control.”

“Corruption with unions.”

“More union pandering, more lies and more socialistic policies and much more debt or selling off anything that’s left.”

“Unions.”

“They don’t have a clue what they’re doing. They’re happy to give our money away and are driven by the unions. Very dangerous if Labor win.”

“Pandering to unions and pricing manufacturing out of existence.”

“Shorten is corrupt and will be led by unions. Australia will become a welfare state.”

“The unions would kill our country.”

“Bill Shorten taking the job of Prime Minister. He is more than a union thug. His record over many years speaks for itself.”


Many L-NP supporters also question the honesty and integrity of a future Labor Government as well as their incompetence, dishonesty and the lack of integrity the ALP has for running a Government.


“Their honesty and integrity.”

“They’re not trustworthy and have no known parliamentarians apart from Shorten.”

“They’re incompetent.”

“Poor leadership.”

“Shorten going down in history as the most dishonest PM we have ever had.”

“Their constant lying.”

“That Bill Shorten wouldn’t have a clue about how to run the country.”

“Shorten is arrogant and discriminatory towards Christianity.”

“Shorten’s complete lack of appropriate leadership capability.”

“The country would go to rack and ruin.”


L-NP supporters also consistently brought up the ALP’s soft border-protection policies that would bring people-smugglers back into business and lead to more and more refugees with an open-border policy.


“Immigration relaxation.”

“Immigration policies.”

“People smugglers back in action.”

“Illegal boat immigrants and renewable energy policies.”

“The return of the boat people.”

“My biggest concern would be open borders.”

“More refugees and more debt.”

“Labor is in bed with the Greens and both Labor and the Greens can’t be trusted with border protection.”

“Immigration, national security and variations of a carbon tax and too much pandering to the Greens.”

“Refugee intake relaxed and an increase in union power.”

“Open borders. Socialism/Communism. Genderless society. Militant unionism etc.”

“Excessive immigration.”

“Safe borders and immigration.”


L-NP supporters are also concerned about the ALP’s poor economic management and potential financial and fiscal mismanagement which will result in higher taxes, higher debt, and out of control spending.


“Financial mismanagement.”

“Financial mess.”

“Spend all the money.”

“Ridiculous spending and pandering to minority groups while lining their own pockets.”

“Budget overspending.”

“Inflation.”

“Economic mismanagement.”

“Their excessive spending habits and raising the country’s debt.”

“Higher taxes.”

“Higher deficit.”

“Over-spending and interest rate rises.”

“The amount of debt that won’t be paid back.”

“Spending.”

“Reckless economics.”

“Australia’s debt levels.”

“More and more debt.”

“Poor economic management credentials.”

“Budget blowouts, overspending.”

“Public debt with interest rates high.”

“Managing the economy.”

“They spend spend spend and tax people who have worked hard.”

“Country would be potentially further in debt.”

“Economic management disaster.”

“An exponential increase to the already onerous national debt.”

“Reckless expenditures.”

“Labor failure to manage an economic recovery.”

“That they would wreck the wealth creation policies of the country.”


Also mentioned by L-NP supporters alongside a lack of economic management skills was concern about policies revolving around superannuation and the removal of dividend imputation credits.


“More changes to superannuation along with uncontrolled spending.”

“Big worry for self-funded retirees.”

“Stealing my super.”

“Losing my imputations credits.”

“Taxation increases and the removal of dividend imputation credits.”

“They have no concept of financial budgeting.”





ALP supporter concerns about an ALP Government elected at the next Federal Election included reference to the ALP continuing the policies of the L-NP in regards to refugees and asylum seekers and really not changing much as well as concerns about current Opposition Leader Bill Shorten as not being charismatic enough and up to the job.

ALP supporters also mentioned that the current ALP under Shorten may be too ‘right-wing’ and with little difference to the current Government and willing to pander to big businesses as the current Government does. The good news for a future ALP Government is that there were far more responses from ALP supporters indicating there was nothing concerning about the prospect of an ALP Government compared to very few L-NP supporters that said the same about an L-NP Government.


ALP supporters are concerned an ALP Government under Bill Shorten will not change the current Government’s refugee and asylum seeker policies but merely continue them and continue the mistreatment and detention of refugees through off-shore processing facilities.


“Continuation of mistreatment of asylum seekers.”

“Labor Party need to sort out their treatment of refugees. It’s appalling.”

“The continued mistreatment of refugees.”

“Not bringing refugees to Australia.”

“Off shore detention of refugees and weak respones to racism.”

“The treatment of refugees.”

“Their failure to reduce immigration levels.”

“They need to lift their game with asylum seekers.”

“That the offshore refugee processing continues.”

“Continued retention of refugees.”

“The lack of action regarding issues such as refugees in detention.”

“I fear that the present policy of cruelty to asylum seekers would continue.”

“That they wouldn’t change refugee policy.”

“They would also fail asylum seekers.”

“I want them to close the detention facilities on Nauru.”

“We continue to allow children to be harmed in offshore detention.”

“If they fail to assist the asylum seekers on Nauru and close the detention facilities.”

“No change to their appaling, brutal boat refugee policies.”

“The ongoing mandatory detention of asylum seekers.”

“They have sold out on refugee issues.”

“Not enough compassion for refugees.”

“Asylum seekers currently on Manus Island.”


Tied into the concerns about copying the policies of the current Government is concern that Bill Shorten is too far to the right and is too similar to the Liberal Party. Shorten also lacks charisma and provides weak leadership and may be subject to leadership speculation himself when compared to Anthony Albanese.


“Shorten is a bit wishy-washy and the Labor Party is still too similar to the Liberal Party in reality.”

“Bill Shorten isn’t brilliant.”

“They are short-sighted an no real leadership.”

“Bill Shorten’s lack of popularity.”

“Bill Shorten isn’t the greatest leader and the ALP’s policies aren’t the best but they’re better than the Libs.”

“That Shorten wouldn’t have the guts to make hard decisions.”

“No matter who you vote for a politician always gets elected.”

“Lack of leadership.”

“They will also change horses midstream again.”

“The instability of the support around Shorten and the credibility Albanese has with the community at large.”

“They aren’t trustworthy.”

“They need a strong leader that will listen to their constituents.”

“They need to provide stable Government and keep their leader.”

“Bill Shorten is a weak leader.”

“Shorten is not charismatic and I don’t like their refugee or environment policies.”

“Would prefer Albanese as leader but Shorten will do.”

“Shorten has no charisma.”

“Bill Shorten.”

“They have an invisble leader. No strong leadership. I have a lack of faith in current politicians.”

The concern about Shorten being too far to the right also gives credence to the worry that Shorten will give into pressure from the right-wing media and won’t pursue the right policies but rather the policies that will appease the media and the Senate cross-bench.


“The belief that they need to be more conservative to manage minority parties in the Senate.”

“The continued dominance of the Labor right and lunatic Catholics in Labor policy.”

“That they would move too far to the right and give in to pressure from the Opposition to talk about the economy and hang vulnerable people out to dry.”

“I trust neither party.”

“Them capitulating to the right and not governing with a long-term vision.”

“That Bill Shorten wouldn’t fight hard enough to promote the interests of what should be their natural constituency, the working class Australian.”

“That they would also obey the ‘fascist’ Murdoch media propaganda.”

“That they would also pander to big business and not make the big decisions necessary to support the less fortunate members of our society.”

“They are the lesser of two evils.”

“That they will be L-NP lite.”

“I’m concerned they may not repeal some of the laws changed under Abbott and Turnbull especially with public discourse.”

“The worry is the increasingly right wing media who will do what they did to Julia Gillard.”

“Usual negative media backlash. I live in a very right-wing national party electorate and the only newspapers round here are owned by News Corp and are very biased.”

[LEFTWINGER supreme]

Is there a report spam button for above?