Nana tax

Then wait of 1st of July, no biggies

 

So you believe there is no wastage in any of these?

Come on!!

 

Nothing is perfect

 

Which year?

2020?

Maybe never.

We have many options, just need to see the legislation if/when it is passed to work out what to do.

Like I have posted many times:

Learn the rules, play the game.
If they change the rules, change your game.​

In the meantime, enjoy life

 

I have worked with all three levels of Government, the wastage is unbelievable .

 

Not being a person to derail Nodrog tread and the Labor party's paper bags cherished principles but there is another stand out quote..
""Hi we are from the Government and we are here to help you..""

 

Whatever the case maybe, (current) retirees played by the rules for 2 decades and now Labor are pulling the plug so to speak. It should be grandfathered at the very least.

 

Someone's put liquid paper over your comments but I changed the font colour and found the following:

• Unemployment benefits
• Training scheme incentives paid to RTOs eg: learn to speak english, job training where you don't need to show up
• Home insulation programmes
• Schools Building the Education Revolution programme
• Payments made to elected politicians at all levels

 

That’s being too generous. Too much white space and definitely more than what’s between Bull Sh*ten’s ears.

 

You are wrong; those are exceptional uses of tax $ .

 

I did say it was my FULL list .

 

Are you from New Zealand? I know a Deck from New Zealand.

It's not your tax $ - if the shareholder owns a share in a company that pays tax, that proportion is rightfully theirs no matter how much tax they pay. This is conveniently left out by Bull and friends.

Unsustainable is paying people to do nothing. I'm happy with an end to all benefits from family tax through to unemployed and aged pension. Why is that not a waste of tax $? Paying someone for doing nothing rather than taxing someone for doing something.

Labor's new catch cry "Dumb and Dumber"

 

No

It is

Company tax (and it s not called shareholders tax) is 30% (or 27.5) of business net income (not dividends), no more no less.

Refunding from my pockets those whom are taxed 0% (or less than 30%, thanks to ridiculously tax free pension phase (this will have to go, ALL incomes should be taxed the same progressive way, this age based tax system is insane)) is not limiting double taxation, it s pure cash handout.

These ridiculous Costello era entitlements have to go, I am not labor by any mean but on this I certainly can't fault them.Entitled will whinge no surprise.

 

So, what is your view on how trusts are taxed?

 

Once upon a time I worked in a very sensitive area of government. The incompetence and wastage of money and resources is beyond what most on here can fathom. I am talking major Current Affair scandals if I went public.

The wastage in the highest levels of government is beyond staggering.

 

Most of the government organisations we worked for made us sign NDAs.

You can probably now guess why!!!

If any of the stuff we saw/read/heard got out, all hell would break loose.

 

Completely understand.

My place did one better.. there is actually legislation essentially preventing us from talking. lol. Beat that .

 

LIP => legislated incompetency protection

 

Did they cut your tongue out?

 

Going public would only have negative consequences for me so no point. And nothing will change.