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  1. #41
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    Quote Originally Posted by pegasus
    • Changes to the tax free threshold
    - (the tax free threshold was $6k - is now $18K - as far as I know there is no one that earns between $6k and $18K - so will this affect anyone? I know when the Labor government changed the tax free threshold it effectively changed nothing, so why is this so scary?
    I could be wrong here, but my understanding was that if the tax free threshold is lowered, then EVERYONE has to pay more tax, because they will be paying tax on a higher percentage of their income. So if that's the case, then everyone is "worse off", regardless of their income.

    But, I am happy to be corrected on that, as I said, I could be wrong!

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  3. #42
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    For me personally-
    Cuts to public education and disregard for class size
    Childcare reform
    Cuts to public transport
    No NBN
    Tax free threshold

    Socially-
    Abbott has made in clear he does not support marriage equality and I don't believe he will allow a conscience vote which to me shows he is going to govern with his religious beliefs- something I find abhorrent
    Refugees- LNP are banging on about stopping the boats, with very little information about how they propose to do so. The idea of using the navy is a proven failure, the buying up of Indo fishing boats is ludicrous and the suggestion of media blackouts surrounding boat arrivals is horrifying.
    Environment- we are being led now by a climate change denier. I think that's pretty blardy concerning.

    Eta there is more such as cuts to aged care workers etc but I'm too over it to go into it in detail
    Last edited by Atropos; 08-09-2013 at 12:17.

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  5. #43
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    Quote Originally Posted by Lillynix View Post
    I could be wrong here, but my understanding was that if the tax free threshold is lowered, then EVERYONE has to pay more tax, because they will be paying tax on a higher percentage of their income. So if that's the case, then everyone is "worse off", regardless of their income.

    But, I am happy to be corrected on that, as I said, I could be wrong!
    No, you're correct. It doesn't just affect people earning under $18k or whatever. It means that you don't pay tax on $18k of your salary over the year, so if you are on say $50k, you only pay tax on $32k. If it drops to $6k, you then pay tax on $44k over the year.

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  7. #44
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    Quote Originally Posted by Lillynix View Post
    I could be wrong here, but my understanding was that if the tax free threshold is lowered, then EVERYONE has to pay more tax, because they will be paying tax on a higher percentage of their income. So if that's the case, then everyone is "worse off", regardless of their income.

    But, I am happy to be corrected on that, as I said, I could be wrong!
    It's more like it was reset to where it originally was - it's only been in effect at 18 % for the 2012/13 fin year and this one to date. A change wouldn't be applied to the next financial year at the earliest

  8. #45
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    Quote Originally Posted by Lillynix View Post
    I could be wrong here, but my understanding was that if the tax free threshold is lowered, then EVERYONE has to pay more tax, because they will be paying tax on a higher percentage of their income. So if that's the case, then everyone is "worse off", regardless of their income.

    But, I am happy to be corrected on that, as I said, I could be wrong!
    You're correct

    As for Pegasus not knowing anyone earning under $18k well the canteen staff at our school do. They pay no tax since the changes but will go back to paying tax. When you only earn $600 odd a fortnight it makes a difference.

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  10. #46
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    For those who haven't already read it, perhaps this will make you feel somewhat better?

    http://www.thevine.com.au/life/news/...130905-264996/

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  12. #47
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    Ok, my concerns are many so let’s see if I can get through them.

    I am concerned about my family as the coalition in notorious for taking money from the government payments and people who can least afford it. My sister is a single mum who just had several operations on her knee and is forced to look for work she cannot find. What is going to happen to her? Another of my sisters is a single mum who has just had an operation on her spine and is also having trouble finding work. My mum is on a disability pension and my last sister is on a carers pension for her mentally disabled daughter. They are struggling now so homelessness is an honest possibility if more pressure is put on.

    I am concerned for the environment as I believe that coal seam gas mining will not be stopped and I know he is pulling money from research into finding renewable energy (they said it in their own ads). Plus the carbon tax will go and in all honesty, something is better than nothing.

    I am sad for the gay and lesbian community as their rights are still being ignored and that will likely not change soon.

    I am annoyed because they are pulling money from infrastructure such as roads and the NBN and we were finally getting somewhere!

    I am concerned for women’s rights as he has said many things that allude to the possibility of messing with abortion laws. This I know is not founded in absolute fact but I just can’t trust him.

    He will be an embarrassment to Australia as he can’t seem to open his mouth without something dumb coming out. He is to Aust what Bush was to the USA.

    He released a last minute policy that said he was stopping the funding for improving childcare and aged care conditions and ‘holding the money in those portfolios’ WTF?

    I want to do uni whilst being a SAHM, how can I afford to do that is he pulls money from education? Plus he isn’t committed to Gonski so that will likely go as well.

    We are at the lower end of middle earners and if I no longer bring in a wage we will be in the low income bracket. If I have to go back to work early due to lack of support that not only affects me, but it completely changes the way my DD will be raised.

    I think that is it for now.

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  14. #48
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    I'm not happy with the outcome. Looks like my kids primary school will be closed now. And I know you shouldn't judge a book by its cover, but I do not like Abbott and I'm very uncomfortable with him being our PM.

  15. #49
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    and all that the Lorax left here in this mess was a small pile of rocks with the one word...UNLESS
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    Re the tax free threshold, when the tax free threshold was lowered, the rates above were raised, so effectively there was little difference to the tax paid by people earning over $36k

  16. #50
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    I noticed it in my pay packet. The biggest difference will be noticed among the lowest income earners, not the higher.

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