Labor Costings

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Black Orchid
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Labor Costings

Post by Black Orchid » Fri May 10, 2019 3:31 pm

Labor’s policy revolution finally detailed, but will voters buy it?

The full details of Labor’s radical policy platform have been revealed.

Costings prepared by the independent Parliamentary Budget Office were released on Friday, eight days from the election.

Over the next four years, measures that raise revenue or reduce spending (‘savings’) by Labor are set to exceed new expenditure (‘spending’) by $17 billion more than the Coalition — which means a larger surplus.

It’s largely due to a decision to reverse personal tax cuts and reform the system of franking credits.


Shadow Treasurer Chris Bowen said he accepted that it was “unusual” for Labor to pledge bigger budget surpluses than the Coalition.

“But it’s right for the times,” he said.

“We believe we do need a bigger economic buffer, we need a fighting fund for the economy.”

Prime Minister Scott Morrison argued the plan to raise money through changes to the tax system would put the economy at risk.

“The reason they’re going to say what they’re doing today is that they’re taxing Australians more,” he said.

“Our economy is going through a very challenging period, and now’s not the time to engage in high taxing [and] high spending agendas.”

Senate crossbenchers have already indicated that Labor may struggle to pass its revenue-raising measures.
List of all 'costed' policies here ... https://www.abc.net.au/news/2019-05-10/ ... s/11100352

Be prepared to be taxed taxed taxed! Unless, of course, you don't pay tax :roll:

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Redneck
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Joined: Fri Oct 03, 2014 12:28 pm

Re: Labor Costings

Post by Redneck » Fri May 10, 2019 4:24 pm

Black Orchid wrote:
Fri May 10, 2019 3:31 pm
Labor’s policy revolution finally detailed, but will voters buy it?

The full details of Labor’s radical policy platform have been revealed.

Costings prepared by the independent Parliamentary Budget Office were released on Friday, eight days from the election.

Over the next four years, measures that raise revenue or reduce spending (‘savings’) by Labor are set to exceed new expenditure (‘spending’) by $17 billion more than the Coalition — which means a larger surplus.

It’s largely due to a decision to reverse personal tax cuts and reform the system of franking credits.


Shadow Treasurer Chris Bowen said he accepted that it was “unusual” for Labor to pledge bigger budget surpluses than the Coalition.

“But it’s right for the times,” he said.

“We believe we do need a bigger economic buffer, we need a fighting fund for the economy.”

Prime Minister Scott Morrison argued the plan to raise money through changes to the tax system would put the economy at risk.

“The reason they’re going to say what they’re doing today is that they’re taxing Australians more,” he said.

“Our economy is going through a very challenging period, and now’s not the time to engage in high taxing [and] high spending agendas.”

Senate crossbenchers have already indicated that Labor may struggle to pass its revenue-raising measures.
List of all 'costed' policies here ... https://www.abc.net.au/news/2019-05-10/ ... s/11100352

Be prepared to be taxed taxed taxed! Unless, of course, you don't pay tax :roll:
So where are you going to be taxed taxed taxed BO?

Or do you believe OLD SHOUTY whos voice is becoming more shrill as the days go by!

As is Cormann, I see on TV today!.......Seems the panic is beginning to show!

:rofl :rofl :rofl :rofl :rofl :rofl :rofl :rofl :rofl :rofl :rofl

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Black Orchid
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Re: Labor Costings

Post by Black Orchid » Fri May 10, 2019 4:27 pm

Maybe you could try reading it? There's a novel thought. :thumb

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Redneck
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Joined: Fri Oct 03, 2014 12:28 pm

Re: Labor Costings

Post by Redneck » Fri May 10, 2019 4:30 pm

Black Orchid wrote:
Fri May 10, 2019 4:27 pm
Maybe you could try reading it? There's a novel thought. :thumb
I watched it on TV nothing new to read in my opinion!

I thought they explained it very well!

Not to mention being released eight days before the election not like the retard libs two days was it! :rofl :rofl :rofl :rofl :rofl

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Redneck
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Re: Labor Costings

Post by Redneck » Fri May 10, 2019 4:31 pm

SUCK IT UP YOU LOSERS !

:rofl :rofl :rofl :rofl :rofl :rofl :rofl :rofl

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Black Orchid
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Re: Labor Costings

Post by Black Orchid » Fri May 10, 2019 4:43 pm

Go put your nappy on Red you are messing up the floor :thumb

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Redneck
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Re: Labor Costings

Post by Redneck » Fri May 10, 2019 4:47 pm

Black Orchid wrote:
Fri May 10, 2019 4:43 pm
Go put your nappy on Red you are messing up the floor :thumb
He who laughs last, laughs longest BO just remember that my rightard friend!!

:f

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Black Orchid
Posts: 25703
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Re: Labor Costings

Post by Black Orchid » Fri May 10, 2019 5:08 pm

Even the left's beloved ABC wonders if people will buy the Labor costings Red. We are due for a change but I just cannot fathom how you and LW keep getting so hysterically excited about Shorten. There is nothing exciting about him.

I think Labor will win but I think it will be closer than you think.

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Serial Brain 9
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Joined: Mon Dec 24, 2018 8:09 pm

Re: Labor Costings

Post by Serial Brain 9 » Fri May 10, 2019 8:32 pm

Black Orchid wrote:
Fri May 10, 2019 3:31 pm
Labor’s policy revolution finally detailed, but will voters buy it?

The full details of Labor’s radical policy platform have been revealed.

Costings prepared by the independent Parliamentary Budget Office were released on Friday, eight days from the election.

Over the next four years, measures that raise revenue or reduce spending (‘savings’) by Labor are set to exceed new expenditure (‘spending’) by $17 billion more than the Coalition — which means a larger surplus.

It’s largely due to a decision to reverse personal tax cuts and reform the system of franking credits.


Shadow Treasurer Chris Bowen said he accepted that it was “unusual” for Labor to pledge bigger budget surpluses than the Coalition.

“But it’s right for the times,” he said.

“We believe we do need a bigger economic buffer, we need a fighting fund for the economy.”

Prime Minister Scott Morrison argued the plan to raise money through changes to the tax system would put the economy at risk.

“The reason they’re going to say what they’re doing today is that they’re taxing Australians more,” he said.

“Our economy is going through a very challenging period, and now’s not the time to engage in high taxing [and] high spending agendas.”

Senate crossbenchers have already indicated that Labor may struggle to pass its revenue-raising measures.
List of all 'costed' policies here ... https://www.abc.net.au/news/2019-05-10/ ... s/11100352

Be prepared to be taxed taxed taxed! Unless, of course, you don't pay tax :roll:
What?

You mean like Labor/Greens Voters?
And we know that for those who love God all things work together for good, for those who are called according to his purpose.

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Serial Brain 9
Posts: 863
Joined: Mon Dec 24, 2018 8:09 pm

Re: Labor Costings

Post by Serial Brain 9 » Fri May 10, 2019 8:34 pm

Redneck wrote:
Fri May 10, 2019 4:47 pm
Black Orchid wrote:
Fri May 10, 2019 4:43 pm
Go put your nappy on Red you are messing up the floor :thumb
He who laughs last, laughs longest BO just remember that my rightard friend!!

:f
So you call throwing away Billions of Dollars at the UN and Flooding the country with Immigrants winning?

You are a Traitor and a complete loon :roll:
And we know that for those who love God all things work together for good, for those who are called according to his purpose.

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