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 'Bill Shorten lies'
Bill
 Posted: May 16 2018, 07:27 PM
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Come on Bill get it all off your chest, I know you want to. You are amongst friends here, there is nothing to fear.

Or if you prefer, either PM me or email me. I have no vendettas, malice or hard feelings.


Hi scepo
I appreciate the offer, but I think you know where I'm coming from and what Im trying to achieve for the site. I'll think about it over the weekend.mate.

Cheers scepo. http://fairdinkumnewschat.b1.jcink.com/uploads/fairdinkumnewschat/lbill.gif

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Charles
 Posted: May 19 2018, 08:39 AM
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Dentus Chookus


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QUOTE (Bill @ May 16 2018, 07:22 PM)
National Press Club Address - Scott Morrison

https://iview.abc.net.au/programs/national-press-club-address/NC1811C016S00

National Press Club Address - Chris Bowen
https://iview.abc.net.au/programs/national-press-club-address/NC1811C017S00

If we are going to explore the differences between policies aka plans/promises, this would be a good plaqce to start.

Straight from the horses mouth, so to speak.

Enjoy. http://fairdinkumnewschat.com/biggrin.gif  http://fairdinkumnewschat.b1.jcink.com/uploads/fairdinkumnewschat/lbill.gif


Hi Bill

You challenge your fellow FDNC members to comment on and debate the budget address of both parties, even going so far as to post links (see above). You go on to say in a later post, "...but I think you know where I'm coming from and what I'm trying to achieve for the site."

I have commented briefly on the budget and have seen both statements. I'll remove the "promises" aspect from this discussion and say one statement is a working plan, the other statement is a proposed plan "if elected". The latter is more about vote catching than it is about budget management.

As yet you haven't offered your opinion on the budget details yet you challenge others to do so. Why is that so? What are you trying to "achieve for the site" if you aren't prepared to lead by example?

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“If life were predictable it would cease to be life, and be without flavor.” - Eleanor Roosevelt

“All of life is peaks and valleys. Don’t let the peaks get too high and the valleys too low.” - John Wooden
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scepo
 Posted: May 19 2018, 10:24 AM
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QUOTE
What are you trying to "achieve for the site"


I could be wrong Charles but I suspect Bill is at least in part referring to Kates departure, and possibly my perceived part in it.

That of course is something that each of us probably have our own view on. http://fairdinkumnewschat.com/biggrin.gif

Personally I am happy enough to post my view onsite yet again if that is what Bill wants, or perhaps he may choose to discuss it with me via email. http://fairdinkumnewschat.b1.jcink.com/uploads/fairdinkumnewschat/smiley_don_t_know.gif

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Some are willing to work, the rest are willing to let them!

The older I get, the better I was.
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Charles
 Posted: May 19 2018, 11:48 AM
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Dentus Chookus


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Kate's departure was, in my opinion, similar to those of others who hold strong political views. Thomas is another example.

Some take issues too personally when their views are questioned/attacked. If we were to analyse the departure of many past FDNC members we would find this to be a common thread.

The whole point of FDNC, or any other news forum, is to discuss issues - both political and otherwise - in a rational and civilised manner. Sometimes we might forget the "rational and civilised" aspect but as often as not there is no personal slight intended.

Unfortunately exchanging views without personal contact can lead to misinterpretation.

In the past I have over-reacted and even taken a short break after disagreeing with others. In hindsight this achieves little.

--------------------
“If life were predictable it would cease to be life, and be without flavor.” - Eleanor Roosevelt

“All of life is peaks and valleys. Don’t let the peaks get too high and the valleys too low.” - John Wooden
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Bear
 Posted: May 19 2018, 03:38 PM
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“But WTF - they stopped brown people from coming here on boats, so it's all good.”

“There are times when I think that my ASD is the only reason I bother coming here.”

“Hi scepo
I appreciate the offer, but I think you know where I'm coming from and what Im trying to achieve for the site. I'll think about it over the weekend.mate.”


http://fairdinkumnewschat.b1.jcink.com/uploads/fairdinkumnewschat/Smiley_winknod.gif

Sadly much of what Bill posts now days is not worthy of a response, what happened to the Bill we once knew from BP.. http://fairdinkumnewschat.b1.jcink.com/uploads/fairdinkumnewschat/smiley_don_t_know.gif

Billy cannot be trusted, back in 2012 he said that Labor delivered a surplus, in reality, they delivered us a deficit of $18.8 Billion.

Billy's $200 Billion of higher taxes on electricity, incomes, housing, investment, retirees, and small business, will cost jobs, and damage our fragile economy.


user posted image

user posted image

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Politicians and diapers should be changed frequently and all for the same reason.

~José Maria de Eça de Queiroz,

We live in a world in which politics has replaced philosophy. ~Martin L. Gross, A Call for Revolution, 1993

"Stupid people are like glow sticks: I wanna snap em and shake the shit outta them till the light comes on."
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charka
 Posted: May 19 2018, 04:09 PM
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Is itr something like the NBN elephant
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scepo
 Posted: May 22 2018, 04:34 PM
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How much tax do the rich actually pay? It depends on how you do the numbers

By political reporter Jackson Gothe-Snape



The rich might actually be worse off under the Government's tax cut plan.

Key points:


New modelling suggests wealthy Australians will face a greater relative tax burden under the Government's tax plan

Different groups have modelled the plan based on different units: adults, "taxfilers" and households

All modelling shows the tax plan does not radically change how the tax burden falls


Deloitte Access Economics has found that wealthy Australians will actually increase their share of the tax burden under the seven-year plan in new modelling released this week.

That is despite the $7,225 annual tax cut promised to high-income earners in 2024-25 under the Government's proposal.

The new analysis has challenged other reactions to the Government's budget which pegged Australia's wealthiest as the biggest winners.

But it also reveals how much a slight tweak can change Australians' understanding of the tax burden.


Adults versus 'taxfilers'


Although the budget is barely weeks old, several organisations have already assessed the impact of the Government's tax plan by studying how it affects different income groups.

They have done this by dividing Australia into buckets, or "quintiles" based on incomes, from the wealthiest bucket to the least wealthy.

The Grattan Institute in its assessment — based on 13.5 million Australians who have filed a tax return, or "taxfilers" — found the Coalition's tax plan favoured the rich.

The top bucket will pay 68 per cent of all personal income tax forked out by Australians this year, according to the analysis.

In 10 years, this figure is projected by Grattan to drop to 65 per cent — essentially reducing the relative burden of these higher-income earners — under the tax plan.

Australia's adult population is close to 20 million, a number much higher than the number of taxfilers.

Deloitte Access Economics used this group to do its analysis, meaning its bottom two income buckets are made up of people not counted by Grattan. This group includes young people or senior Australians who have not filed a tax return.

It found the wealthiest bucket was responsible for 79 per cent of all personal income tax this year — significantly higher than the Grattan figure.

But it also found the share of the tax burden covered by the wealthiest bucket of adults would increase from 79 per cent to 81 per cent between 2018 and 2025.

Deloitte partner Chris Richardson said he did not want to emphasise the relatively small, distant change in the outcome for this wealthy bucket, even as others might.

Instead he wanted to focus on how overall the share of tax paid for each bucket would remain relatively stable over the next seven years.

"It matches the existing share of taxpayers — not as exactly as if they'd literally indexed the threshold for inflation — but it's otherwise roughly doing it," he told the ABC.

Addressing the different approaches between Deloitte and her organisation, Grattan's Danielle Wood said she felt using those "participating" in the tax system was "the right way to look at" the question of whether the plan made the tax system more or less progressive.

But she also said Grattan's analysis found some smaller groups of high-to-middle income earners facing a higher share of the tax burden in the long term.

What about households?

Analysis from the ANU Centre for Social Research and Methods provided to the ABC presents a slightly different picture.

The centre performed a quintile split based on Australian households — not adults as in the Deloitte example, or taxfilers as in the Grattan example.

Its analysis showed the wealthiest bucket of households was responsible for 61 per cent of Australia's tax burden. In 10 years, this was projected to drop to 58 per cent, similar to the Grattan analysis.

The ANU's Ben Phillips said he preferred using households compared to adults or taxfilers to measure distributional impacts.

"From a living standards perspective, arguably the household is more important than the individual as members are sharing resources," he said.

"It can often be the case that low-income persons live in high-income households and it can be that high-income persons may live in large families with only that one earner, in which case they aren't really high-income from a living standards perspective."


Even considering the different approaches, Mr Phillips could not fully explain the difference between the ANU and Deloitte work, but suggested Deloitte might have used slightly different figures in its model compared to the ANU's — for example using inflation to model wages growth rather than the wage assumptions used in the budget.


Editor's note: The University of Canberra's National Centre for Social and Economic Modelling (NATSEM) provided a quote for this story that has now been removed at its request.


http://www.abc.net.au/news/2018-05-22/tax-paid-by-the-wealthy-depends-on-how-you-do-the-numbers/9784536

The "quote" removed from the article was to the effect that Deloitte used methodology to arrive at the result they wanted.

I would argue the same could be said about all the examples used in this article. http://fairdinkumnewschat.b1.jcink.com/uploads/fairdinkumnewschat/smiley_don_t_know.gif

--------------------
Everybody is Willing:
Some are willing to work, the rest are willing to let them!

The older I get, the better I was.
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charka
 Posted: May 22 2018, 05:45 PM
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Need more cash to give away WhAAAAAAAAAAAAAAAAAAAAAAt bring back swan duck worlds bestus treaserer

This post has been edited by charka: May 23 2018, 07:06 AM
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Bill
 Posted: May 22 2018, 11:36 PM
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Apparently Mr. Morrison's Tax Cuts Budget will not eventuate scepo.

The rich will be better off because the Budget will not pass the Senate - Pauline Hanson said so. http://fairdinkumnewschat.com/biggrin.gif

That's their fifth Budget in a row that the Senate have failed to pass.

Some 'Plan' that was Mr. Morrison.

These are the best 'economic managers' that we have ????? Apparently. http://fairdinkumnewschat.com/biggrin.gif

Come back Swanny - We miss you. All is forgiven http://fairdinkumnewschat.com/biggrin.gif http://fairdinkumnewschat.b1.jcink.com/uploads/fairdinkumnewschat/lbill.gif

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Phillip J.
 Posted: May 23 2018, 07:37 AM
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Excuse me, people, I'm just going outside to check MY bucket, and find out which category I'm in! 🤔

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If what we do doesn't matter, then the only thing that matters is what we do.
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