Rudd and Swan like to remind people how clever the PM and Cossie are.
Are they tryin to point out how stupid they are by comparisson.
Swan looked and sounded like a Goose on ABC last night (not of the Atko kind).
As for Rudd, he has some trite rubbish line about "failing the future test".
The ALP clearly believe the election is already won. How else can you explain the ALP's woeful response so far to the budget.
The Future Fund is a good idea - if the government is able to pay for some stuff through interest on its own investments, it can ease the tax burden.
In the extreme long term, you might even end up with a government that is self-sufficient and doesn't need taxation at all.
Is that David Cragg in the back row greazin off Costello?
$15 a week for the punters. $10 a week for the pensioners.
Thank God we all finally get the rewards of the biggest resources boom in memory.
Absolute fizzer. Who's in for Collingwood.
Tosser, if you are on $30,000 a year you currently pays $4,350 in income tax (for the current year ended 30 June 2007).
The same person on $30,000 for the year ended 30 June 2008 will pay $3,600 a year in tax, a tax cut of $750 for the entire year - yes, $15 per week.
By reciving a tax cut of $750 for the year this person has had a reduction in there income tax laibility of 17%!
An income tax reduction of 17% and you have the gall to ask is this all there is! Almost 1/5th of a person's your tax bill is slashed and you complain?
Tosser, if you don't pay much tax to start with what the fu&k do you expect?
If you don't want the $750 give it charity, otherwise, pull your head out of the sand.
Yeah, Yeah and don't forget that sex will be better too!
The $15 is for everyone, not just those on and below $30k!
Higher petrol costs, possible further interest rate increases and Howard's Work Choices robbing people of their penalty rates. Thanks for nothing!
I see Cloke has dislocated his shoulder.
Anon, behave yourself. What charity should they give it to ?
I think it would be best donated to anyone prepared to work towards the demise of Howard and cronies at the next election. By the way tosser---when you are on low pay and have a 30% night shift penalty removed under Workchoices a 17% pay cut is nothing but an insult.
PS Get some manners you Tory tosser.
Your point that the $15 per week is of course correct, but so what. One of the criticisms made against the Howard Government is that its tax rate changes over the last few years have been at the higher end.
This budget the tax cuts are for everyone, withe everyone on more than $30,000 better off by $750 per year.
No matter how generous a tax cut is, if you divide the amount by 52 it is always going to look small.
I am happy with my $750 per year.
Why do Budget's need to be in surplus? Shouldn't Budgets be balanced? Balanced Budgets mean:
What the Government takes from the people it spends on the people. Why do Government's take more money than they return to the people?
Don't forget the "merchant bank battlers" on 180k+. They get another $1500 from 1/7/2008 as well as this $750. And the real battlers get......SFA.
Oh, that's right. Next year is not an election year and a good time to square up with the supporters.
Typical Tory Budget. Promises nothing and makes sure you get it!
I reckon Bucks should play on.
Good one, tosser.
A person on $180,000 is paying $64,050 in tax for the year ending 30 June 2007.
As you point out, for the year ended 30 June 2009 this same person will pay $2,250 ($1,500 + $750) less in tax. A huge 3.5% of their current tax bill. Whereas the reduction in the income tax bill for a low income earner on $30,000 over the same period represents a 17% decrease.
The guy on $30,000 for the year ended 30 June 2009 will pay $3,600 in tax. The guy on 6 times that salary, $180,000, will pay $61,800 in tax. 6 times the salary, 17 times the tax bill.
It’s called progressive taxation, you fuc#in retard. Lower income earners don’t pay that much tax, relative to high income earners, so when it comes to tax cuts, how can they receive massive tax cuts, when they don’t pay that much to begin with?
That should have read:
Lower income earners don’t pay that much tax, relative to high income earners, so when it comes to tax cuts, how can they receive massive tax cuts IN ABSOLUTE DOLLAR TERMS, when they don’t pay that much to begin with?
Just because you swallowed a calculator doesn't make you a mathematical genius.
It's too bad we don't eat percentages. A pot of beer costs the same for everyone, a litre of petrol is the same price for everyone, admission to the footy is the same for everyone.
One things for sure, Cossie and Howard have made sure that no Toorak toff will be denied their tax cut even if it means the real battlers go without.
Tory tossers, every one of you.
Andrew,
You know I have had a lot to say about these silly future funds before it is the policy idea of someone who has just learnt about Equity and Trusts. The money needs to be directly in people as we have a skills shortage.
***Tory tossers, every one of you***
Hey mate, Anon just beclowned you.
Pay attention, learn something, and maybe one day you might be making $180K yourself. You'd be envy free, wouldn't that be nice?
***Call me old fashioned but this idea seems like a mix of Singapore big government***
You're not old fashioned at all. This government is riding the resources boom and patting themselves on the back about their brilliant economic management, then deigning to hand a few bucks back to the plebs in an election year budget. If they could get off our backs and let Australian inventiveness exercise its talents, we wouldn't be totally dependent on shipping rocks overseas.
Byron,
I know you and your mates in the media and the Liberal Party are besotted by your self diagnosed political brilliance. But, $15 a week ain't going to turn the polls around no matter how you spin it.
The budget is a fizzer for ordinary working people.
Need to do much better!
Consider yourself beclotted.
Tosser, you still don't get it. The battlers aren't going without. With the increase in the low income rebate and the lifting of threshold for the 30% rate, everyone who pays tax is better off.
The amazing thing is that 52 x $15 = $750. Any real battler would be happy to be $750 a year better off.
Or perhaps, like Mark Latham, you don't think this is a real tax cut.
Will that is 23 slabs of VB ($32/slab on special at Dan's) and it is real enough for me.
>>Isthatallthereis
OK, so you are an anti-capitalist? So why don't you then withdraw your entire bank balance and burn it.
>>The budget is a fizzer for ordinary working people.
Aw, don't worry, you're only as ordinary as you feel.
>>Need to do much better!
Like what? Spend more money? Spend less money?
Hey, dill: read my second post, critical *of* the Liberals. The reason you're an anticapitalist is because you're too bloody lazy to get out there and make a buck.
$750 does not cover the increase in mortgage rates this year, the rise in inflation and the extra cost of petrol.
Don't forget low income workers have also been at the forefront of losing their over time penalties.
Apparently, we are in the biggest resources boom since Melbourne won a premiership. Yet ordinary, every day, working people are being served up the chance to go backwards while middle and upper class twats reap the benefits of Government largesse.
Howard and Cossie are about middle/upper class welfare at the expense of low income families.
Everyone will take what is on offer. But, don't expect any gratitude.
Now, can the Pies win the Premiership?
***Howard and Cossie are about middle/upper class welfare at the expense of low income families***
What a load of crap. My family would be classified as middle class and we're being taxed to the hilt, by those two.
Byron
There are plenty of Australians out there who need real help.
Care givers for the disabled got sfa out of this budget. Private Schools got millions while public schools continue to decline because of Liberal Government intention.
Take your middle income whinges elsewhere.
You are only taxed too much because they give give some of the money back to you through middle class welfare.
Tut tut Liberals, alls fair in love in war.
Families are doing it tough, there can be no question of that. But working families in particular are struggling. The costs associated with petrol, renting, education, health care, dental care and general consumer goods have all increased under this government. So tell me, what has Howard done to rectify it?
Public subsidisation. That's right Liberals, he has subsidised private service providers to give families a 'choice' on what essential services they can utilise. On the one hand, they can now chose to have subsidised and inefficient private health care and education, and on the other they can choice to use over-beaurcratised public health and education providers. Let's face it retards, you crow on about Howard being the greatest Liberal leader of his time. Unfortunately, he has been more Labor than any Labor politician I have seen, except he has stuffed up on being able to produce any microeconomic reform in these crucial areas. Marginal costs are still too high in these areas. They drastically increase the cost of living for general families.
When you also consider what the cost of scrapping penalty rates under WorkChoices has been be for families in this position, you begin to get a sense of what position your government has placed them in. Be honest with yourselves Liberals, your government has used family tax benefits provided to the middle to upper brackets to cover up it's incapacity to micro-economically reform these markets.
Admit it, Hawke and Keating are responsible for seating up today's economy. They produced the necessary macroeconomic reforms, including deregulation of the financial sector to provide easy credit for consumers. NEWSFLASH - they have been using this credit to survive. If he was truly serious about producing necessary reform, he would have focused on working on these markets.
Yeah yeah, I know you'll argue Labor only cares about spending, but how can you realistically argue 'working families have it the best they ever had' when the costs of crucial, but inefficient services have been passed on to them?
You losers. Go back to playing with your income tax calculators.
The Coalition will win the upcoming election and it will be on the back of the Battlers' votes. The ALP is crap.
P.S. Collingwood will rip through Carlton, just like Rudd will steer the ALP to victory.
***private Schools got millions while public schools continue to decline because of Liberal Government intention***
You've got no idea what you're talking about, and you're obviously not a parent. Public schools continue to decline because of their 'all must have prizes' mentality. Parents know that to survive in the real world their children must have the skills to compete successfully. That's why they're fleeing to private schools wherever the family budget permits.
Four out of five federal dollars in education are spent on the Private sector.
Two out of three students attend government funded schools.
Where's the fairness and equity in that!
Invest the money where it is most needed and parents will return their kids to the public system.
Just another example of middle and upper class wankery ripping off the working poor.
Malthouse dropping those three players might be a mistake.
The ALP will not win the next election and your are dreaming Unity.
Why on earth will people vote for Rudd, (a pretend Liberal) when they can vote for the real deal.
Rudd is becoming cocky and arrogant, so are other members of parliament. I recall people measuring up there new offices with Latham, when the polls were high.
John Howard, will out do Rudd and the factional loosers in the ALP.
Why - Budget will bribe people but it is enough to keep interest rates down at this stage.
When Howard goes on the rampant spending splurge, the effect wont be until the next election. The econominc sunshine will continue and the voters dont change when things are good.
The message to the voters, that the ALP knows best is crap. It sounds like lecturing from the high moral grtound.
Counting on the IR battleground to win the election is also a false premisis. The effects of these chances wont be felt for a very long time. In fact if all the unionist who go and protest actually voted for the ALP, then the Liberal would have lost a long time ago.
The ALP theorists need to get there head out of their arse and do real pragmatic things for the voters, lecturing wont work.
And Mr Unity, I am not a Liberal or a Green.
Comrade, some interesting points but you've made. If you paid attention about them, I was criticising the Liberals hypocrisy for their inability to deal with economic reforms.
If you'd like a comprehensive analysis on how the election may pan out, feel free to let me know and I'll gladly do so.
liberals give a bit of money to private schools that provide a useful education. state governments give a lot of money to public schools that deliver passes for everybody & kids brainwashed to be politically correct. that is indeed why parents are taking their kids out of the public system in droves. that's why teachers who can't cope with the union domination of public schools are leaving as well.
Rudd is looking like more of a loser and sounding more desperate every day.
He will lose to Howard, the ALP-slayer.
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