JC Political Thread - For All Things Political Part 2

[c2105026]

Well I guess it's a matter of glass half-empty vs glass half-full. Personally whenever I have received an income and done a budget, I have never considered my gross amount, only what is deposited in my bank account every week/fortnight. Gross salary/wage with a job - it's just a number on a bit of paper as far as I'm concerned.

Reganomics. Hmm, I have similar thoughts about that that you might have about social democracy lol

 

[XUV]

I like our social welfare system, as it's a great crime reducer and would never like to see it go.

I'd like to see companies operating under the religious 'tax free' umbrella brought into line , the combined tax avoidance is valued at $20-30bil

Companies like sanitarium as it pays no tax and is american owned.

 

[Reaper]

Reganomics. Hmm, I have similar thoughts about that that you might have about social democracy lol

ingrish??????

 

[c2105026]

I like our social welfare system, as it's a great crime reducer and would never like to see it go.

I'd like to see companies operating under the religious 'tax free' umbrella brought into line , the combined tax avoidance is valued at $20-30bil

Companies like sanitarium as it pays no tax and is american owned.

I'd agree with that 100%, some 'churches' are out and out buisnesses for their pastors. Hillsong apparently has the biggest recording studio in the southern hemisphere they use to produce their lucrative musical products. Charities normally don't have the biggest recording studio in the southern hemisphere. It is also difficult to check their books because from what I understand, churches don't have auditing requirements. Here we only have Hillsong as a megachurch (to my knowledge), but over in the states the problem is immense due to higher religiousity and possibly lower economic regulation. "God - Creator, Alpha and Omega, grand mathematician of the universe - really bad with money. Which is why he is always wanting more" as George Carlin put it.....

But.... some religious organisations are genuinely charitable (Salvos, St Vinnies, World Vision etc), providing services for education, healthcare, and homelessness. As such any new tax code would need to make this distinction somehow, otherwise govco would need to fork out $$$ to cover any shortfall in financial support for such services.

My understanding of Reaganomics is that it involves low tax, small govt, low economic regulation for theoretically higher economic growth. I think most here would agree I don't view this favourably for various practical reasons. Social democracy involves very sufficient funding of welfare, public services, anti-racism etc, environmentalism etc to theoretically build an equitable, sustanable society - we can safely say Mr Reaper does not view this very favourably neither, for his own reasons. On the same page now? Or is this still requiring translation to 'Ingrish'? lol

 

[XUV]

But.... some religious organisations are genuinely charitable (Salvos, St Vinnies, World Vision etc), providing services for education, healthcare, and homelessness. As such any new tax code would need to make this distinction somehow, otherwise govco would need to fork out $$$ to cover any shortfall in financial support for such services.

if the church proves it's charitable then it's tax free , just like the rest of us.

My understanding of Reaganomics is that it involves low tax, small govt, low economic regulation for theoretically higher economic growth. I think most here would agree I don't view this favourably for various practical reasons. Social democracy involves very sufficient funding of welfare, public services, anti-racism etc, environmentalism etc to theoretically build an equitable, sustanable society - we can safely say Mr Reaper does not view this very favourably neither, for his own reasons. On the same page now? Or is this still requiring translation to 'Ingrish'? lol

He was good for bankrupting the USSR, we might have to this again

 

[c2105026]

I don't think 'Reaganomics' bankrupted the USSR. USSR bankrupted itself through both the inflexibility of socialism, and the very expensive incursion into Afghanistan. State based socialism doesn't work; just ask the former USSR, Nth Korea. China is a success story because it went capitalist, is now communist in name only. State Socialist economic policy was always doomed to failure. Look at Maoist China. Centralised economy issues are compounded when those controlling the show don't know what they are doing. China's great leap forward resulted in a vast sea of poorly made metal and a famine that killed 5 million people. (Yes, I do recognise some similarity with 07-10 period ALP stimulus initiatives, lol...)

One thing that Reagan did do was accelerate the arms race (I think) and the USSR with its limited money tried to keep up and couldn't and went bust, in addition to the futile incursion into Afghanistan (that the CIA helped defeat); then Gorbachev came in to wind the whole thing up.

 

[Reaper]

Ok... Just to be clear, I do not in any shape or form advocate that we should adopt the "Reagonomcis" wholus bolus. My point was that parts of the theory have merit and should be looked at in the Australian context.

Check out the welfare thread of a year or so ago for my thoughts on the welfare system but suffice to say, some benefits are far, far beyond what we can both afford and what people actually need (in effect some parts encourage laziness IMO).

 

[XUV]

and we have another government that won't start a sovereign wealth fund ...........

 

[Reaper]

and we have another government that won't start a sovereign wealth fund ...........

Sounds very similar to the Costello future fund to me. Now if only somebody had the foresight to start one of them :unsure:

 

[minux]

Companies like sanitarium as it pays no tax and is american owned.

Wow...sadly people would believe this absolute **** that someone writes.

No doubt this user has found a snippet posted somewhere with half truths, maybe the greens website?

Sanitarium pay all taxes except company profit tax. All profits are donated to the church which is then spent on charitable organisations. I am not a Seventh Day Adventist, however, telling 1/4 truths misleading people is just stupid.

Oh at last check, they were also Australian owned and operated according to their latest tender documents, more half truths eh?

Seems to be a common theme.

PS: You too can donate all your profits to a charity...my guess is you wont though.