Its a long time before im entitled to a pension but if its still a government entitlement i will be at centrelink with bells on . I think thats why immigration laws have changed & baby bonus etc in the last decade to increase the population the only numbers i care about is the amount of taxpayers money in my account when the time comes . Im essentially arguing about nothing at this stage because the rules may well have changed by then .But as it stands im all for taking ANYTHING the powers say i can have & i think anyone that doesnt because of pride or emotions is foolish .
Yes, from the point of view that it is not spoken in this way. Until the people do, this will continue till we have no personal wealth left to collect from.
I prefer not to contract with them at all. Maby through some pride provide for my self and family without putting out my hand. Remember everything they revieve comes from the productive effort from someone else or some other family unit. People look to them for all there needs like some kind of God. I do not worship there doctrine.
How about stainless steel sinks and a set of bocci balls .... or a rare set of Peter Mc Kenna footy cards ....
The generations before us also did not have the fu*king massive erosion of the tax base that we have only just found out is far worse than publicized (thanks to analyze of info from a FOI request): As of 2012: * 26% of the biggest Australian companies pay no tax. * 30% of the biggest multinational companies operating in Australia pay no tax. * Many more pay some tax, but very little. * There is a push to shut down proposals for greater tax transparency * The "big four" accounting firms the architects and promoters of profit shifting lifted their collective contribution to political parties by almost 20 per cent last year.
It doesnt take a genius to exploit loopholes while the public bears the burden ..... it takes shifty accountants ....
I applaud their tax minimisation strategies because unlike you or the government or the majority of the public I don't lay claim to their income.
"If they pass the means test and are eligible why not? Just because bankers drive down interest rates and create a real estate bubble doesnt make a person "rich" when they are cash flow "poor"" The point is the house should be included in the means test. The arguments about 'it's not my fault my house appreciated in value' - what if someone had millions of dollars of picasso paintings and wanted to claim the pension, do you want to be the one funding them because they have an emotional attachment to something they can sell and live off? Renters are openly treated like second-class citizens in Australia.
+1 If anything, what SlipperyPete's article tells me is that Australia should adopt the company tax policies of countries like Ireland, Singapore, Switzerland etc and attract more head offices here.
"Desk jobs" invent, design, finance and protect a lot of the really important stuff in life. Nearly anyone can move some dirt around with a shovel. The "desk jobs" work in conjunction with the shovel jobs to enhance the productivity of all to the mutual benefit of all.
Systemic, there are many underlying factors to the way our economy is setup, where jobs are located and especially in the boom-bust business cycle we are experiencing. My suggested readings are: "How an economy grows and why it crashes" by Irwin and Peter Schiff "economics in one lesson" By henry Hazlitt "What has government done to our money" Murray Rothbard This will give you a good foundation and set you up for further readings if you are so interested.
