Closed Thread
Page 32 of 99 FirstFirst ... 2230313233344282 ... LastLast
Results 311 to 320 of 984
  1. #311
    Join Date
    Jun 2009
    Posts
    2,603
    Thanks
    126
    Thanked
    267
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Quote Originally Posted by crankyoldcow View Post
    Can you copy and paste the content? - I can't read it as i don't subscribe.
    I would suggest there would be a copyright problem there.
    It also plays a part on why news ltd is going much better than fairfax. It sounds like you wouldn't want to read it anyway, because it is a Murdoch product... and it is apparently biased.

  2. #312
    Join Date
    Jan 2014
    Posts
    450
    Thanks
    441
    Thanked
    251
    Reviews
    0
    Quote Originally Posted by crankyoldcow View Post
    No I am geniunely interested to read the article. Please don't make assumptions me.

    Here is the paragraph that discusses the top 1% of taxpayers:

    Australian Tax Office statistics show taxpayers with taxable incomes above $264,000 - the top 1 per cent of taxpayers in the financial year ended 2010 - pay about 17 per cent of all income tax - the government's biggest single revenue source - weighing in at about $160 billion this financial year.

    The top 10 per cent of taxpayers pay more than 45 per cent of all income tax, while the bottom 35 per cent of taxpayers pay about 5 per cent.

    ETA: The author of the article is Adam Creighton, who "was a senior economic adviser to the federal Leader of the Opposition, Tony Abbott, in 2010 and wrote full-time for The Economist in 2009"
    Last edited by sky1; 23-02-2014 at 15:43.

  3. The Following User Says Thank You to sky1 For This Useful Post:

    HappyBovinexx  (23-02-2014)

  4. #313
    Join Date
    Feb 2009
    Location
    my house
    Posts
    17,710
    Thanks
    1,392
    Thanked
    7,295
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 posts
    I wonder if they deducted the $882 million they had to give back to Rupert and the amount for others? Hehe

  5. The Following 2 Users Say Thank You to BigRedV For This Useful Post:

    Atropos  (23-02-2014),Busy-Bee  (23-02-2014)

  6. #314
    Join Date
    Sep 2005
    Location
    Sydney
    Posts
    1,310
    Thanks
    136
    Thanked
    808
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    These figures are totally meaningless for the purposes of this discussion without, at least, knowing the share of income earned by each of these segments on which the tax is paid.

  7. The Following 2 Users Say Thank You to JohnC For This Useful Post:

    Atropos  (23-02-2014),beebs  (23-02-2014)

  8. #315
    Join Date
    Jun 2010
    Posts
    8,806
    Thanks
    7,267
    Thanked
    9,720
    Reviews
    5
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    Quote Originally Posted by Father View Post
    Never mind the fact that the top 10% of taxpayers pay more than 45% of all income tax. Lets just tax them more! Why not just tax them so they are paying 100% of the income tax so that the rest of us don't have to?
    ...So you think those earning much higher than average incomes should not pay the most tax? I'm trying to understand your position.

  9. #316
    Join Date
    Jun 2009
    Posts
    2,603
    Thanks
    126
    Thanked
    267
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Quote Originally Posted by Atropos View Post
    ...So you think those earning much higher than average incomes should not pay the most tax? I'm trying to understand your position.
    No. They should and they do. But, they should not be taxed any more than they currently are though. Understand?

  10. #317
    Join Date
    May 2013
    Location
    Mortlake, VIC
    Posts
    1,672
    Thanks
    444
    Thanked
    831
    Reviews
    7
    Achievements:Topaz Star - 500 posts
    Why shouldn't they? They have infinitely more than the average person and should pay more than 3 % for Medicare.

  11. #318
    Join Date
    May 2006
    Posts
    10,012
    Thanks
    14,124
    Thanked
    7,612
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts
    Awards:
    100 Posts in a week
    Er no, don't understand. How can anyone in their right mind think that rich people should pay less than the average person in tax (who need money wayyyyyy more than they do.) That doesn't make any sense.

    Quote Originally Posted by Father View Post
    No. They should and they do. But, they should not be taxed any more than they currently are though. Understand?

  12. #319
    Join Date
    Jun 2009
    Posts
    2,603
    Thanks
    126
    Thanked
    267
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Quote Originally Posted by beebs View Post
    Er no, don't understand. How can anyone in their right mind think that rich people should pay less than the average person in tax (who need money wayyyyyy more than they do.) That doesn't make any sense.
    Probably doesn't make sense because you didn't read my message properly.

  13. #320
    Join Date
    May 2006
    Posts
    10,012
    Thanks
    14,124
    Thanked
    7,612
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts
    Awards:
    100 Posts in a week
    No I read it, it is just that your message doesn't make sense. For example, you said that "they should and they do". But they don't father, they pay less income tax than the rest of us due to loopholes regarding investments.

    Quote Originally Posted by Father View Post
    Probably doesn't make sense because you didn't read my message properly.


 

Similar Threads

  1. Be honest ,have you/do you.....
    By MonsterMoosMum in forum General Chat
    Replies: 62
    Last Post: 01-09-2013, 08:42
  2. Be honest, have you?
    By MonsterMoosMum in forum General Chat
    Replies: 59
    Last Post: 17-08-2013, 11:30
  3. Be honest! How much did you pay for your dog?
    By Janesmum123 in forum Pets
    Replies: 79
    Last Post: 30-11-2012, 07:51

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
christmas gift guidesee all Red Stocking
Riverton Leisureplex
An Extreme Family Pass at Riverton Leisureplex is the ultimate way to cool off during the summer school holidays. The $30 Pass allows pool and waterslide access for 2 adults and 2 children, as well as a drink, popcorn and an icy pole for each person.
sales & new stuffsee all
True Fairies
True Fairies is the first interactive website where children can engage and speak with a real fairy through the unique webcam fairy portal. Each session is tailored to the child, and is filled with enchantment and magic.
Visit website to find out more!
featured supporter
Sarah Tooke Childbirth & Parenting Education
Providing private, personalised antenatal childbirth & parenting education to expectant parents in the comfort of their own home. Sessions are flexible, including everything that hospital based programs cover. Click to find out more!
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!