Income tax cuts, franking credits and negative gearing explained

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The Mechanic
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Re: Income tax cuts, franking credits and negative gearing explained

Post by The Mechanic » Tue May 14, 2019 1:08 pm

So that’s the Taxing...

But what about the spending??

Let’s start with the Labor/Green Emissions Fiasco shall we...

How much will that cost us??
$542 billion.

That’s the estimated cost new modelling places on Labor’s plan to slash emissions, which goes well beyond what’s required by the Paris Agreement. And well beyond what most of the rest of the world’s governments are prepared to do.

The figure is overwhelming. To give you some idea of just how much that is, it works out to $21,600 for every man, woman, and child in Australia. Or roughly $47,000 for every single taxpayer.

Granted, that cost is spread over 10 years. But it will come atop all the other tax burdens you already shoulder. Plus any new taxes future governments may trot out.

Not to mention, a reduction in wages by at least 3%, and 167,000 fewer jobs.

It really is the bill Australia can’t afford.
https://www.theaustraliantribune.com.au ... nder-fire/
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The Mechanic
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Re: Income tax cuts, franking credits and negative gearing explained

Post by The Mechanic » Tue May 14, 2019 1:10 pm

Black Orchid wrote:
Tue May 14, 2019 1:06 pm
The Mechanic wrote:
Tue May 14, 2019 1:02 pm
brian ross wrote:
Tue May 14, 2019 12:58 pm
I suppose we could have the Tories just give away 80 Billion to the Top End of Town, instead, hey?

"Better money managers"? Yeah, sure, guess who's given us more debt than we have ever had in our 118 year history as a self-governing Dominion? The Tories.

I suppose we can give away to various politicians millions of dollars in water buyback money, and see them send it off to the Cayman Islands to avoid paying tax on it. Yeah, that's really smart, hey?

God you one-eyed Tories are really, really, weird. You'll believe any bullshit you hear about the ALP but turn a blind-eye to the realities of what your Tory Government has tried and often succeeded in doing! :roll:


I don’t know anyone who is happy with the Great Water Rip-off..

Do you Bwian?
I have only seen severe criticism and abject horror here about the whole shocking fiasco. I think Brian, LW and Red reside in an alternate universe :b

They are just flat out lying...
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Neferti
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Re: Income tax cuts, franking credits and negative gearing explained

Post by Neferti » Tue May 14, 2019 3:44 pm

I really wish that Brian would cease and desist calling the Coalition the "Tories", I am sure he does it to annoy. :slap

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Black Orchid
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Re: Income tax cuts, franking credits and negative gearing explained

Post by Black Orchid » Tue May 14, 2019 3:47 pm

Neferti~ wrote:
Tue May 14, 2019 3:44 pm
I really wish that Brian would cease and desist calling the Coalition the "Tories", I am sure he does it to annoy. :slap
He does which is why I ignore it ;)

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brian ross
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Re: Income tax cuts, franking credits and negative gearing explained

Post by brian ross » Tue May 14, 2019 11:01 pm

The Mechanic wrote:
Tue May 14, 2019 1:02 pm
brian ross wrote:
Tue May 14, 2019 12:58 pm
I suppose we could have the Tories just give away 80 Billion to the Top End of Town, instead, hey?

"Better money managers"? Yeah, sure, guess who's given us more debt than we have ever had in our 118 year history as a self-governing Dominion? The Tories.

I suppose we can give away to various politicians millions of dollars in water buyback money, and see them send it off to the Cayman Islands to avoid paying tax on it. Yeah, that's really smart, hey?

God you one-eyed Tories are really, really, weird. You'll believe any bullshit you hear about the ALP but turn a blind-eye to the realities of what your Tory Government has tried and often succeeded in doing! :roll:
I don’t know anyone who is happy with the Great Water Rip-off..

Do you Bwian?
Seems the Tories are happy with it. They never criticise it, they never even mention it. Funny that, hey, Mechie? :roll:

How about the 80 Billion to the Top End of Town?

How about the trebling of our national debt since the Tories came to power?

Silent on both of those little efforts, now aren't they? I wonder why? :roll:
Nationalism is not to be confused with patriotism. - Eric Blair

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IQS.RLOW
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Re: Income tax cuts, franking credits and negative gearing explained

Post by IQS.RLOW » Wed May 15, 2019 10:40 am

brian ross wrote:
Tue May 14, 2019 11:01 pm
Seems the Tories are happy with it. They never criticise it, they never even mention it. Funny that, hey, Mechie? :roll:

How about the 80 Billion to the Top End of Town?
Admitting systems introduced and setup by GALP lefties is a massive failure, is the first step Bri Bri. :thumb
brian ross wrote:
Tue May 14, 2019 11:01 pm
How about the trebling of our national debt since the Tories came to power?
So you now understand that the exhorbitant spending and waste on shit brained lefty mind farts begging to be rorted was baked into spending and the leftist swill in the senate refused to roll it back.

I say! Well done old chap!
How does that red pill taste? :lol:
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cods
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Re: Income tax cuts, franking credits and negative gearing explained

Post by cods » Wed May 15, 2019 12:02 pm

brian ross wrote:
Tue May 14, 2019 11:01 pm
The Mechanic wrote:
Tue May 14, 2019 1:02 pm
brian ross wrote:
Tue May 14, 2019 12:58 pm
I suppose we could have the Tories just give away 80 Billion to the Top End of Town, instead, hey?

"Better money managers"? Yeah, sure, guess who's given us more debt than we have ever had in our 118 year history as a self-governing Dominion? The Tories.

I suppose we can give away to various politicians millions of dollars in water buyback money, and see them send it off to the Cayman Islands to avoid paying tax on it. Yeah, that's really smart, hey?

God you one-eyed Tories are really, really, weird. You'll believe any bullshit you hear about the ALP but turn a blind-eye to the realities of what your Tory Government has tried and often succeeded in doing! :roll:
I don’t know anyone who is happy with the Great Water Rip-off..

Do you Bwian?
Seems the Tories are happy with it. They never criticise it, they never even mention it. Funny that, hey, Mechie? :roll:

How about the 80 Billion to the Top End of Town?

How about the trebling of our national debt since the Tories came to power?

Silent on both of those little efforts, now aren't they? I wonder why? :roll:



you know bri bri tis a funny thing..

I havent noticed Bill mentioning water or the top end of town or the debt either...


do you think it has anything to do with GLASS HOUSES.?


:yahoo :yahoo

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The Mechanic
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Re: Income tax cuts, franking credits and negative gearing explained

Post by The Mechanic » Wed May 15, 2019 1:26 pm

brian ross wrote:
Tue May 14, 2019 11:01 pm
The Mechanic wrote:
Tue May 14, 2019 1:02 pm
brian ross wrote:
Tue May 14, 2019 12:58 pm
I suppose we could have the Tories just give away 80 Billion to the Top End of Town, instead, hey?

"Better money managers"? Yeah, sure, guess who's given us more debt than we have ever had in our 118 year history as a self-governing Dominion? The Tories.

I suppose we can give away to various politicians millions of dollars in water buyback money, and see them send it off to the Cayman Islands to avoid paying tax on it. Yeah, that's really smart, hey?

God you one-eyed Tories are really, really, weird. You'll believe any bullshit you hear about the ALP but turn a blind-eye to the realities of what your Tory Government has tried and often succeeded in doing! :roll:
I don’t know anyone who is happy with the Great Water Rip-off..

Do you Bwian?
Seems the Tories are happy with it. They never criticise it, they never even mention it. Funny that, hey, Mechie? :roll:

How about the 80 Billion to the Top End of Town?

How about the trebling of our national debt since the Tories came to power?

Silent on both of those little efforts, now aren't they? I wonder why? :roll:
Its been shitcanned on here numerous times Brian...

Tories are in the UK btw... :thumb

Keep your eye on the Brexit Party in the upcoming European Elections...
Beware the Fury of a Patient Man Q WWG1WGA ▄︻╦デ╤一

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brian ross
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Re: Income tax cuts, franking credits and negative gearing explained

Post by brian ross » Wed May 15, 2019 3:56 pm

cods wrote:
Wed May 15, 2019 12:02 pm
brian ross wrote:
Tue May 14, 2019 11:01 pm
The Mechanic wrote:
Tue May 14, 2019 1:02 pm
brian ross wrote:
Tue May 14, 2019 12:58 pm
I suppose we could have the Tories just give away 80 Billion to the Top End of Town, instead, hey?

"Better money managers"? Yeah, sure, guess who's given us more debt than we have ever had in our 118 year history as a self-governing Dominion? The Tories.

I suppose we can give away to various politicians millions of dollars in water buyback money, and see them send it off to the Cayman Islands to avoid paying tax on it. Yeah, that's really smart, hey?

God you one-eyed Tories are really, really, weird. You'll believe any bullshit you hear about the ALP but turn a blind-eye to the realities of what your Tory Government has tried and often succeeded in doing! :roll:
I don’t know anyone who is happy with the Great Water Rip-off..

Do you Bwian?
Seems the Tories are happy with it. They never criticise it, they never even mention it. Funny that, hey, Mechie? :roll:

How about the 80 Billion to the Top End of Town?

How about the trebling of our national debt since the Tories came to power?

Silent on both of those little efforts, now aren't they? I wonder why? :roll:
you know bri bri tis a funny thing..

I havent noticed Bill mentioning water or the top end of town or the debt either...

do you think it has anything to do with GLASS HOUSES.?

:yahoo :yahoo
You've obviously not been watching TV or is that you have a special one-eyed supporter filter on your TV, Cods? The ALP has been pushing the Top End of Town and National Debt issues for weeks in their adverts. Perhaps you need to get out a bit more and actually talk to real Australians, rather than just Tories? :roll:
Nationalism is not to be confused with patriotism. - Eric Blair

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Black Orchid
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Re: Income tax cuts, franking credits and negative gearing explained

Post by Black Orchid » Wed May 15, 2019 3:59 pm

cods wrote:
Wed May 15, 2019 12:02 pm
I havent noticed Bill mentioning water
I haven't either. Funny that.

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