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GST 16%
Nov 2, 2015 19:36:22 GMT 10
Post by Mustang on Nov 2, 2015 19:36:22 GMT 10
Gst 16% lets get real, why dosn't the government make budgets like the rest of us.?
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Post by Deleted on Nov 3, 2015 7:54:12 GMT 10
Gst 16% lets get real, why dosn't the government make budgets like the rest of us.? I heard something about 15% - what they are already pushing that up to 16% wow that forward thinking  |
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Post by Mustang on Nov 3, 2015 9:48:16 GMT 10
Gst 16% lets get real, why dosn't the government make budgets like the rest of us.? I heard something about 15% - what they are already pushing that up to 16% wow that forward thinking Most likley my hearing  |
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GST 16%
Nov 3, 2015 18:54:08 GMT 10
Post by viscount6116 on Nov 3, 2015 18:54:08 GMT 10
Gst 16% lets get real, why dosn't the government make budgets like the rest of us.? Gday Mustang Apparently the government reckons that too many of the rest of us are relying on the public purse (taxpayer) as a pay cheque (go figure ) and thats why it has to happen !!! Wont worry me though mate as I cant afford to buy too many goods and services on my income stream with interest rates at 2 %  Oh well at least the aluminium box that I live in doesnt leak (mainly cause it never rains here...bloody drought !!!!!  )  Cheers Andy  |
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Post by Deleted on Nov 6, 2015 16:02:02 GMT 10
I have no issue with a raise to the GST, provided that it coincides with the abolition of all income tax.
If we are taxed on spending but not on earning it encourages saving. Money saved (in a bank, super fund or similar) is then money invested.
People should not be penalised for working hard or being successful. Under our current tax system it's the bludgers who sit at home on the dole that pay the least tax, whilst those who go out and get an education and strive for success at a professional level, OR those who go out and work hard in the more blue collar jobs (such as the guys who work for me) are taxed the most.
If we want to build a nation with a strong economy we need to encourage people to get off their backsides and work hard (ie not penalise them with high taxes) and encourage people to save money (which is institutionally invested) or invest it themselves if they don't mind a punt on the market.
Driving consumer item and real estate spending to prop up the economy is a short term game, especially where the money being spent is borrowed.
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