OT: Current Affairs and Politics

[hindy111]

You should see their plans for farts.

Very immature comment.
Did you ever have one of those fake fart bags when you where a kid that you try and get other kids to sit on? I loved the 80s. Well except of my fear for piranhas and quick sand.

 

[the phantom menace]

Very immature comment.
Did you ever have one of those fake fart bags when you where a kid that you try and get other kids to sit on? I loved the 80s. Well except of my fear for piranhas and quick sand.

 

[Gary Gutful]

Very immature comment.
Did you ever have one of those fake fart bags when you where a kid that you try and get other kids to sit on? I loved the 80s. Well except of my fear for piranhas and quick sand.

I didn't need a fart bag. I could peel one on demand.

 

[hindy111]

Well that's f**ked. They are taking away the up to 20k instant deductions for buisness and bringing it down to $1,000. If you consider inflation and when it was last that amount that is equal to about $500. I can't even buy a drill for that. Now I'll have to depreciate it over 5 f**king years just to get back 30%.
These merkins are cooked.

Federal budget winners and losers - ABC News

amp.abc.net.au

 

[the phantom menace]

Personally I think it's a great budget that sensibly eases the costs of living for the families and workers that make up the bulk of the population.

 

[hindy111]

Personally I think it's a great budget that sensibly eases the costs of living for the families and workers that make up the bulk of the population.

It's ridiculous. They can't get enough tradies for construction and there is a housing shortage and they pull this? What do you think is going to happen. I'll tell you exactly what - I am just going to have to put my hourly rate up $5hr to compensate. And every other tradie I know will do the same. Who do you think pays for that?
We ain't going to just roll over like a cuck and cop it.

 

[the phantom menace]

Fair enough - no-one's saying you can't increase your hourly rate to cover what you perceive to be increased future costs (which are really just cuts to free financial assistance achieved through previous deductions). That's good economics on an individual.

Governments have to make decisions about where financial assistance is best directed in any given year, and sometimes - like in this cost of living crisis effecting everybody - the answer is to move the financial assistance to something that more of the everybody might get some benefit from, a modest increase in cash in pockets spread widely. That's also good economics, just on a wider population scale.

 

[the phantom menace]

The budget is a winner, Albo has until next Tuesday to call the election for 3 May.

Or he can wait two more weeks if they want to cook Dutton more slowly and then announce it for 17 May.

 

[hindy111]

I'm unsure if some of you understand how small businesses are helping you guys. See a one man band like me can come and do a small job probably for almost 1/2 the cost of what a large company would charge. We have such fewer overheads.
If you live close by and it takes 5mins sometimes I don't even bother charging if I'm not in a rush to get home. It doesn't bother me. Slowly we are being wiped out as these pricks make it harder and harder. I reckon nowdays your almost better of being fulltime as a tradie anyhows.
And I'll tell you now you'll be slugged a min $300 for those little 15min jobs.

Absolute peanuts

 

[hindy111]

The other thing is having the 20k instant deduction gives businesses more incentive to spend which fuels the economy.
Dumb dumb and dumber.

 

[hindy111]

A scan of inside Albos brain looks like this.

 

[Gronk]

Whilst the coalition are still whinging about their stage 3 tax cuts for big $$$$ earners, last night the budget addressed bracket creep for normal people.

 

[Eelementary]

I remember the last time we had "income tax cuts" - I owed the ATO money.

 

[Gronk]

This bloke is a non-hysterical economist