Labor to forge ahead with super cuts

Discussion in 'Superannuation' started by rbaggio, Mar 27, 2013.

  1. Lovey80

    Lovey80 Well-Known Member

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    Of course the solution to this is to simply lower the super contribution flat tax to the same level as the personal "effective" tax rate of the lowest income earners, then just spend less on rubbish.
     
  2. Lovey80

    Lovey80 Well-Known Member

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    I'd love to know how people like Big A.D. sleep with themselves when they are advocates of someone stealing other peoples money under the threat of force.
     
  3. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    Why? Because "progressive" is such a "positive" sounding word whereas "regressive" sounds "negative" Nelly-ish. :p

    "Moving forward" ( :lol: ) here's "a new initiative", a "bold new social policy" to "engage the public" "based on the principles" of true "equity and fairness" using our "mandate from the people" - Lower taxation through lower spending applied regressively - it would be one of the best things out.
     
  4. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

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    Did you guys all just have some kind of Pavlovian response when you saw it was me who had written that post?

    Somebody asked a question and I wrote a fact-based analysis of the issue and kept my personal opinion largely to myself.

    Go read my post again because you clearly didn't comprehend most of it.

    If you don't like the economic reality, that isn't my frakking problem but the situation exists none the less.


    Get over yourselves FFS.
     
  5. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    That's easy. Back in the stone age we had sick, disabled children of single orphaned alcoholic mothers drinking carbon dioxide polluted water without access to education being bitten by plagued infected rats whilst working 20 hour days in the fields while being attacked by marauding robber barons and unscrupulous hashish salesmen, only to give the meagre fruits of their toil to the insensitive noble scum in their pretty gowns living in their fancy castles who were more interested in fighting holy wars with their armies than trying to help their fellow human beings.

    It is obvious to blind Freddy that capitalism and freedom failed then so it would obviously fail now. :rolleyes:

    Thanks goodness things are so much better in the modern world thanks to our benevolent Government who tire selflessly in helping the needy and defending us from evil and providing us with a plethora of public goods that useless selfish companies that are fixated on profit are totally incapable of producing. But for responsible citizens to share in this bountiful paradise requires a modest donation (through taxes) from every able bodied person who benefits from their benevolence.

    Oh, and please don't eat the apple from the tree in the garden over there or we'll have to call you a terrorist and expel you from our paradise to Guantanamo Bay or similar.
     
  6. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    I for one appreciated the effort you went to to try and make me understand. So thank you.

    In the end though it is only increasing current taxes for current expenditure (and creating a future liability). (Except potentially for public servant liabilities) it doesn't solve anything. The tax base will narrow irrespective of the super tax quirks purely because of ageng. In the end they'll simply not increase the tax thresholds as fast as inflation and Bob's you're uncle there's no funding gap. Any other explanation is using waffle to baffle the public into thinking there's a hole in revenue not simple overspending based on current taxes.
     
  7. jparrie

    jparrie Member

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    Maybe you did, but my selective vision picked out one of your oft quoted little gems where you state that "... tax breaks give a significant advantage to people on higher incomes."

    That is a statement that you wrote based on your views that the current tax system is fair. Maybe in your mind it is, but don't expect people who are currently getting screwed by your "fair" tax system to sit back and cop more sh*t from you socialists who don't think that we pay enough already.
     
  8. XB

    XB Active Member Silver Stacker

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    He actually said "... at the moment tax breaks give a significant advantage to people on higher incomes." - I read nothing as condoning the current situation in his statement, just a recitation of what it is.
     
  9. Lovey80

    Lovey80 Well-Known Member

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    The second you condone the use of the phrase "a tax break" you are condoning the current situation. If everyone is getting the same percentage of tax taken from their super contributions then there is hardly a "Tax break" is there? It's not like super contributions over a certain dollar amount are only paying 5% in tax instead of the 15% is it? It is only when you compare the flat rate of tax with the tyrannous "progressive" tax rates on income that it ever looks like some sort of tax break.
     
  10. XB

    XB Active Member Silver Stacker

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    So you disagree with the current situation? Or do you disagree with someone saying this is the current situation? I'm confused.

    If the situation is, as you say, then your dispute seems to be with the situation yes? It should change in your view.

    Why therefore does what (or even how) Big AD presented the situation change your dispute with that situation?

    Seems to me you're playing the man not the ball....

    Just my observation of this thread
     
  11. Lovey80

    Lovey80 Well-Known Member

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    Im playing the man because the man is suggesting that everyone getting stolen from equally is somehow a break given to the "rich". It comes with the pre-concieved notion that if you do better for yourself than someone else that you should have your retirement curtailed to "level the playing field" in order to pay for government spending. It's only when you compare it to income tax (which it is not) that you could ever come to that conclusion.

    So I am not disagreeing that this is the situation but that the situation is being portrayed in a light that has preconceived bias against one sector of the work force.

    And yes the situation should change so that there is a flat tax on income also.
     
  12. jparrie

    jparrie Member

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    He said what he said. I'll play anyone who thinks its OK to steal my money, then think they can steal a bit more. Big A.D. is a serial repeater of these sorts of claims; that high tax payers get get some sort of advantage because they aren't taxed on other income at the same marginal rate; that this is somehow "unfair". Funny how there's never any mention of the myriad of other additional taxes high earners pay, nor any of the benefits that they don't receive.

    What's unfair is the current continued attack on high earners when they pay enough already.

    And I just reread this:

    Pretty obvious when high earners earn more and therefore contribute more. But even that has been capped at a poxy $25k p.a. Its pathetic.
     
  13. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Lathering at the chops hey?

    Not me all the time or in fact most days really when I see you post A, but it really does depend on my mood. Generally no, but sometimes you elicit an automatic aggressive charge response from me. More like a bull and one of those red coloured flags. :lol: ;)
     
  14. AngloSaxon

    AngloSaxon Active Member

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    Just looking back I'd feel a bit hemmed in by all those comments were they addressed at me, I admit.

    Only the paragraph where I named you was addressed to you, the rest was following on from the context of what you'd said in terms of the whole issue we're discussing.

    I still stand by my criticism of the ALP/Green Government in this issue - using the unintended consequences of their own policies to try destroy something and achieve a short term cash grab.
     
  15. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    Labor have a habit of taking to finely tuned systems with a hammer. Whether or not our super system is fair it is quite finely tuned. Labor are about to hit it with their blunt instrument. We have already seen what happened when Labor took their only tool in their box to our economy, our tax system, our industrial relations and our national borders.

    If Super needs changing let someone with some economic credentials adjust it carefully. Because letting the economic neanderthals at it will simply break it.
     
  16. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    They do have one "fine" precision tool for extra delicate work, and they seem to be able to use it quite compitently to extracate their members from corruption charges. ;)
     
  17. jparrie

    jparrie Member

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    I just wanted to say on the subject of playing the man, not the post. I have nothing but respect for Big A.D. as a human being, because I know he's kind to pussy cats. And I love pussy cats. But his politics suck and that's what I'm playing, not necessarily him.
     
  18. JulieW

    JulieW Well-Known Member Silver Stacker

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    This would be a really boring forum if everyone sat around agreeing with each other.

    Keep the different perspectives coming Big A.D. - and everyone else who disagrees. I take forever to make up my mind and even then it's rarely absolute.
     
  19. JulieW

    JulieW Well-Known Member Silver Stacker

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    http://www.theage.com.au/opinion/po...ht-against-super-tax-slug-20130331-2h1dz.html

     
  20. Nugget

    Nugget Well-Known Member Silver Stacker

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    I agree :p
     

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