http://www.smh.com.au/opinion/polit...llion-in-super-tax-breaks-20120420-1xawx.html Possibly looking to plan: - Increasing tax rates for those salary sacraficing into super when they are already on a high income - Increasing the contributions from 9% to 12% by 2020 The government is desperate for more tax income. Just doesnt seem to be a stop for taxes (both federal and state). Gillard is doomed next election. I won't be voting labour nor liberal. Slam
Changing the rules on an investment scheme that spans decades for younger workers will prove to be a huge disincentive due to lack of certainty.
Katter's party will probably run for federal elections too so I'll be voting for them if they are on my ballot sheet.
That is a crock of s**t and you know it. Bob Katter is an independent and didn't side with Labor because he didn't like their policy platform. Tony Crook didn't side with Labor either. You might remember that Bob Oakeshott, Tony Windsor and Adam Bandt spent 17 days negotiating with both Labor and Liberal parties to form a government and, for a number of reasons, decided Labor was the better option to side with (or, given the leaders of those parties were Julia Gillard and Tony Abbott, Labor was the least worst option to side with). But hey, don't let the facts get in the way of that black/white, left/right, Labor/Liberal way of thinking you've got going on - we need more rusted-on holdouts siding with the major parties so that MPs will be free to toe the party line at their constituents expense!
I thought 12% was already baked into the cake As for Salary Sacrifice, I thought you could only contribute $25000 per annum anyway. Is that rich? Give me a break. A house costs over half a million in Sydney for a shoe box.
Yep, the 12% is already done. This move is typical Labor. Spent too much, now need to tax it back. It happens every time, no one gets any wiser. People are in dream land... never going to wake up... Don't know why I bother actually :lol:
Unfortunately, the 12% is another nail in the the coffin of small business in Australia. The gov and all their advisers, both public and private are convinced that lifting the super contribution to 12% will cost businesses nothing. That is the biggest crock of crap I've heard in a while. They argue that it will be passed on to the consumer. Bull. Many businesses are selling products with costs that are already at the limit of what can be passed on to the consumer without losing business. Only electricity and water sm to get away with ever increasing prices. We have a carbon tax to deal with yet, and now we will have to deal with the hike in super. Now if you can't pass this hike on to the consumer, what else can you do? Well according to the proponents of the 12% super contribution, YOU JUST DON"T GIVE YOUR WORKERS A PAY RISE!!!!! HAHAHAHA ROTFLMAO, MANICALLY!!! MANICALLY mind you. Bull fucking crap. We have to pay the award wage, it's not up to us how much we pay our staff. So it'll come out of our profits. Bewdy - working harder to make sure our employees have a nice retirement. It sucks big time.
I've nothing against the Shooters and Fishers Party, because they have libertarian ideas, but i find them a little narrow focussed - i.e. dont seem to get the "big picture" of whats happening and what the real problem is - i.e. that government is too big and has too much power and needs to be put back into its rightful place and size. That's why i prefer Katter's Party or the Liberal Democratic Party who have a much broader libertarian agenda. Basically if government is scaled back to get the f.. out of our lives then people wouldn't have to worry at all about their rights ito fishing and hunting (and owning a firearm in general) being trampled on by the government. The stripping of our rights as individuals is so far advanced already - it goes WAY BEYOND that which the Shooters and Fishers Party is on about. So like i said - i like what they stand for, but i find their focus a little too narrow. savvie??
The anti population parties. Your grand kids will thank you for it. Zero good comes from a growing population. It's all a scam.
How incompetent and desperate can this government get? Making disincentives to save. They are the very worst government to ever govern on the planet. What next?.....AND....What to do now? I've been piling in to super for a while. It's the best option by a long way given the tax regime. Frustrating.
I would have thought we'd be the last people to vote for the Shooters and Fishers Party. More boats on the lake you lost your stack in?
