Well isnt this great news...pardon my sarcasm... I mentioned this in a previous thread where the Government had included this safeguard for Banks in their budget... As well as the Government being broke and incompetent...we now have to prop up the Banks Aaah well...what would I know.. austerity measures in disguise.... To raise $500 million dollars A YEAR...that means it repeats...not a once only tax......christ..........move over Greece... http://www.businessinsider.com.au/r...-a-bank-bail-out-tax-in-the-may-budget-2015-3
But what about this; http://www.businessinsider.com.au/a...pras-new-capital-holding-requirements-2013-12 Looks like the banks have persuaded the government to take the money off us instead......
I hope this new lie will break Tone's neck, he is a disaster on so many fronts. The ultra rich can still shift their income to other counties, to avoid our taxsytem. Gina and Co. are off the hook and are paying less because off the scrapped mining tax. But those who worked hard and saved have to pay for another broken election promise. What a bastard................... Regards
You just love calling him a bastard, is this some sort of sadist man crush or something? The ALP wanted to do this as well didn't they? When the whole world looks mad, it usually means your the mad one. All bets are off when you realize how messed up the ALP left our economy, it was heading real bad real fast, and if the ALP had stayed in power it could have gotten much worse (because they rely on doing deals with the Green's and Union's).
Yes Labor wanted to do it..the only difference was they were willing to wait for an emergency before imposing the levy, whereas the Coalition are going to do it regardless...they're all as bad as one another...
Save every cent you have people, this is going to get bad. Looks like the train is finally heading downhill. The banks controlling our puppet politicians want even more of our money before it goes BANG Feel so relived we sold both our business and both houses for a decent profit before this all blows up. Sitting back now renting waiting for this s.h.i.t.hole country to implode, and fly away for good. Wecome to Australia - country of refugee mongrels with IQ's of 68, strip mines and imported food. We own four massive food production farms in Australia, so at least we can import some food back to our country for our citizens. We might be able to sell/export same spare excess back the to "Aussie" dumbarses as scraps. LMFAO I suppose you can always get the Aboriginals to teach you all how to catch kangaroos and lizards to eat when things get desperate.
smokers are no longer smoking, have to make up the tax money somewhere..... ya killed off your cash cow.... now the gov is looking for a new one true what they say, say nothing when they go after them, don't complain when they come after you.... .
Well said. Australians are just reallllllly dumb, they wouldn't wake up even if they were eating out of dog bowls. You have seen the movie 1984 - Australia now.
Did it really need to take someone with the intellect of Einstein or Hawkins to understand “who” has been wasting and squandering tax payers money for a century? Did it really need to take someone with the intellect of Einstein or Hawkins to understand “who” has been selling off all the public assets to make themselves look like competent managers? I’m really sorry, but when the Australia population doesn’t even have enough intellect to understand that when politicians sell off “their” public owned assets it represents no more taxable revenue from those assets - then no one is to blame, except the Australian people for being so stupid and complacent. I’m sorry people, but you need to go back to school or do a basic TAFE course, because you cannot get taxable revenue from something “you” don’t own. What you have to understand, is that even a foreign company would not have invested capital in buying our public assets, “if” they didn’t think those assets were not capable of producing a profit for them. You have to then seriously start asking the questions: if our public owned assets “were” capable of making profit for a foreign company that purchased it; then why the hell were they sold in the first place, and not kept as a tax revenue producing businesses for the Australian people? They were sold-off to make the accounting books look good, and to fool the public into believing that politicians were competent managers. Any idiot can sell a car and prove they are rich for a week, but that doesn’t mean they can competently budget that money over an entire year. How many times have seen politicians acting like idiots being rich for a week by selling off our assets, but after twelve months, they have no money left to cover education; health; welfare; roads - ect. Well, where did all the money go from the sale of the asset? Oh, that’s right: 1) $10billion on subs 2) $10billion on jets 3) $7 billion to the IMF 4) $4billion in free aid 5) $10billion to the reserve bank - LOL $41billion squandered on rubbish, and now politicians are going to tax your savings money. LOL LOL New defination of Australians - guarding the bee in the basement LOL
I don't trust Hockey, Abbott or Shorten to cut the red tape and taxes promised in return. 90% of tax revenue comes from 10 taxes, the rest are a completely pointless burden. They'll sell an increase to the GST (with WA still getting the short straw), and several other new taxes like these - on the justification that they're "simplifying the tax code", but then lo and behold they'll be unable to pass the repeals of the other taxes. Scum, the whole lot of them.
When smoking rates are cut down to ~5% because a pack is $20 instead of $5 like it should be, and smokers are persecuted by law in every area of society - they'll simply move onto something else. Smoking was the 20th century's cash cow - unhealthy food will be the 21st century's. Mark my words, 20 years from now we'll have similar taxation of fast food. Might even have alcohol-style age restrictions on it.
We cannot just keep paying more and more tax! Governments MUST learn to live within their means. If that means a cut in our standard of living and reduction in welfare handouts, so be it. Governments cannot just keep borrowing more and more money and collecting more and more tax. The end result will be bankruptcy for the whole country. The incompentence of Australian governments over time has been colossal.
It's the one thing you can count on government to do, eh. Tax and regulate, tax and regulate... - - - Updated - - - They don't have to learn anything when they have power over their subjects and can simply borrow into infinity at their expense. The more this goes on the more obvious it becomes that elections are a sham, for they change nothing of any significance.
It comes down to one very simple fact; these scum-bags have nothing left to tax or to gain tax revenue from except the citizens, either through personal tax or business tax. Anyone who say's they trust politicians, needs to make an immediate appointment to see a psychaitrist.
May I ask. Why are "you" willing to accept a "cut in living standards" and reducing welfare payments to the most vulnerable members of our society, just the cover the arses of politicians, who have squandered our tax money through incompetence for decades? Why should the citizens be the "scape-goats" again? Considering the politicians are the ones who have caused all this mess, and are not willing to change themselves, or change anything else to make the situation better.
You nailed it, and the stupid Australians cannot see that elections and politicians ARE a shame. The new ALP Premier in Queensland was not officially sworn in for more than one hour, before she took a private jet to a friend funeral that cost the tax payers $2,500 per hour to operate, instead of buying a commercial ticket for that would have cost $391.00. The same woman was telling the citizens before the election, she was going to stop all the waste on public spending. Where other citizens around the world understand, these stupid Australians still don't understand that "all" politicians are the same regardless of the political parties - they just want to get elected, so they can get their snouts into the public funded goodies troth. Take away the goodies troth, and see how many of these parasites would still want to become politicians.
