Page 30 of 35 FirstFirst ... 202829303132 ... LastLast
Results 436 to 450 of 514
  1. #436
    Batoutahelius road runner's Avatar
    Join Date
    Apr 2006
    Location
    on the skin of the pale blue dot
    Posts
    11,501
    Quote Originally Posted by Capablanca-Fan View Post
    I was even thinking about asking you whether you would have preferred him as PM. Probably at the time, you would have.
    Don't remember exactly, I certainly voted both for and against Howard at different times, so it could well be that I voted for Latham. Latham seems to have become more wacky since then.

    But his ideas here seem eminently sensible.
    I don't see how.

    #1 - re immigration - what sense does it make to use the average absolute number of migrants from the 20th century? In 1900 we had, what, a fifth the population of what we have now? How does it make any sense at all to use that as a benchmark. If you want to take the pressure of housing get rid of negative gearing and the other middle/upper class welfare (*cough* thanks Howard *cough cough*) and the other measures such as the 7 recommended by Saul Eslake would be a good start.
    But consider, why do we have high levels of immigration anyway? Because birth rate is down. Why is birth rate down? Well people tend to have kids when they are financially secure (Eg good stable job etc), so casualisation of the workplace is no friend here, nor is policies like work choices (you know who to thank for that one), at-will employment, reducing minimum wage as advocated endlessly by you, and so on.

    #2 - reduce top tax rate - well easy to say a recipe for magic pudding, but the trick is making it grow, innit? And Latham gets his figures from where? Oh, that's right, no figures. Just waxing lyrical. Anyone on the top marginal rate is already doing very nicely, thank you very much, and seem to have incentive to be earning quite a lot already (and even more so, after considering many dodge as much tax as possible of course). By the way, no more tax deductible trips to Noosa to visit your investment properties as of 2018! Good step but so much more to be done.

    #3 - energy "crisis"- this one you can park directly on Tony Abbott's doormat for abolishing the carbon tax, agreed by economists to be the most efficient approach, as well as the bunch of other initiatives to which he doused with fossil fuels and set fire with gay abandon. If we are a laggard in renewable technology, the reason is Tones and the Liberal cluster-love-making-act that has been their energy policy for 10+ years.

    #4 - so called leftism - Accelerated Appeals to Godwin aside, I actually don't see why the SBS/ABC can't take a bit of a haircut.

    #5 - following Trump on terrorism - I couldn't really think of any worse justification at all for any policy than that of stating to do it because it is done by Trump. Even his own people don't like what he is doing. If his approval rating at this point in his tenure were any lower it would be digging down into dinosaur bones. With the world distancing themselves from America, why the heck would you follow him.

    To grow the economy, the more important thing would be slashing corporate tax rates, and making this slash permanent so corporations can make long-term plans. Now that the USA has slashed theirs, Australia no longer has the second-highest corporate tax rates in the Anglophone world. In Asia, Australia's corporate tax rate is the highest-equal with India and Phillipines. Compare:

    The reason that Ireland is attractive to so many businesses worldwide is that of its particularly low corporate tax rate. Initially lowered from a rate of 40% in 1995, Ireland adopted a rate of 12.5% beginning in 2003. Ever since Ireland chose to lower their tax rate, GDP has increased in the country by 23%. Considering their GDP growth went up by 7.2% from 1960-1995, a growth of 23% is an immense jump.
    …
    Ireland has been prospering over the past decade due to the low corporate tax rate that is found there. It has attracted many large companies from around the world: Apple, Dell, Microsoft (MSFT), Linkedin, and Facebook to name a few. They have enjoyed paying little tax while supplying the people of Ireland jobs in the process.

    But this article notes that Ireland could be vulnerable to losing some of its businesses if other countries also lower their corporate tax rate!
    Not sure if you have been paying attention to Australia's economic bottom line over the last little while, but we are actually still running a deficit (and debt disaster, apparently) so might be good to actually pay some of that off, rather than just shifting the burden onto future generations. So that means, us now paying our taxes.
    meep meep

  2. #437
    CC Grandmaster Capablanca-Fan's Avatar
    Join Date
    Jan 2004
    Posts
    18,817
    Cutting Australia's corporate tax will cut inequality
    Richard Holden, professor of economics at UNSW Business School
    Australian Financial Review, 30 Jan 2018
    …
    Thankfully, a recent empirical study by three German economists, published in the flagship American Economic Review, contains an ingenious way to get at the causal effect of company tax rates on wages. They utilise the fact that in Germany the company tax rate is determined in part by the federal government and in part by local government. This gave rise to a staggering 17,999 tax changes in 10,001 municipalities between 1993 and 2012.

    Just as importantly, the authors were also able to obtain administrative data on wages paid by employers. So rather than having a survey with dubious reliability, they know what workers at different employers in different municipalities actually got paid. Finally, because they have had so many local changes over two decades, they are able to factor out general economic trends over time, and other municipality-specific influences, and hone in on wage differences that are directly due to employers facing different tax rates.

    The answer is that, on average, workers bear 51 per cent of the total company tax burden. And because of their worker-level data, the authors can speak to which workers are affected the most and hence the distributional consequences of company taxes.

    They find that higher company taxes reduce wages most for the low-skilled, women, and younger workers. Overall, this implies that once the hit that workers take from company taxes is factored in, personal income-tax-systems in countries like Germany and the US are as much as 40 per cent less progressive than one would otherwise have concluded.
    …
    Cutting the Australian company tax rate from 30 per cent to 25 per cent is not just good for business, and workers. It is also helps to redress economic inequality. Surely this reform is something that deserves across-the-board political support when it comes before Parliament again this year.
    “If Algeria introduced a resolution declaring that the earth was flat and that Israel had flattened it, it would pass by a vote of 164 to 13 with 26 abstentions.” — Abba Eban on the UN general assembly

    “You will never find a more wretched hive of scum and villainy. We must be cautious.” — Obi-Wan Kenobi on the UN kakistocracy

  3. #438
    Batoutahelius road runner's Avatar
    Join Date
    Apr 2006
    Location
    on the skin of the pale blue dot
    Posts
    11,501
    ^ Yeah probably better to just post something else rather than try to defend Latham as "eminently sensible"
    meep meep

  4. #439
    CC Grandmaster
    Join Date
    Apr 2008
    Posts
    3,446
    Quote Originally Posted by Capablanca-Fan View Post
    Cutting Australia's corporate tax will cut inequality Richard Holden, professor of economics at UNSW Business School Australian Financial Review, 30 Jan 2018
    Germany is more heavily unionised than either Australia or the US, and companies are less concerned with short-term fluctuations in stock prices, so company tax cuts are more likely to be passed on to workers in Germany. As Greg Jericho explains:

    The reason the tax cut from 35% to 21% is not expected to drive investment is that many US firms are taking advantage of the lower tax rate to buy back shares rather than invest in new equipment or buildings. This fact is so clear that the rightwing Cato Institute, rather than suggest it is not happening, is now instead trying to suggest that it is no big deal and probably a good thing.

    EDIT:There are also much more serious problems with the argument:

    Sounds like a slam dunk, doesn’t it? Not really. Professor Richard Holden has forgotten to mention that Australia’s tax system is unique in that it has dividend imputation, whereas Germany does not (Germany abolished dividend imputation in 2000). This means that any reduction in corporate taxes will not materially benefit Australian business owners/investors. Effectively, any cuts to the company tax rate will be largely offset by commensurate cuts to franking credits, ...
    Last edited by Patrick Byrom; 31-01-2018 at 06:36 PM.

  5. #440
    Monster of the deep Kevin Bonham's Avatar
    Join Date
    Jan 2004
    Posts
    36,150
    Mr Feeney has left the building. Every political party that had more than one member elected in 2016 has now had someone unseated or declared ineligible - at least temporarily - by Section 44.

  6. #441
    Monster of the deep Kevin Bonham's Avatar
    Join Date
    Jan 2004
    Posts
    36,150
    The Lambie Network #2 candidate Steven Martin has won his court case about whether local government is an "office of profit under the crown" (it isn't) and will be seated in the Senate, as will Liberal Senator Richard Colbeck.

    Relations between Lambie and Martin aren't too good with Lambie saying he should resign and Lambie having earlier threatened to kick him out of JLN if he re-employs her estranged former staffer Rob Messenger. It will be interesting to see whether he stays in JLN.

    Because Lambie was elected third for Tasmania but in the replacement special count Martin is elected ninth, there is a big debate about the term lengths for Tasmania. If the order-of-election method is used (as the Senate originally decided at the start of this term) then the Liberals will get three six-year terms out of four elected, while Labor will get two six-year terms out of five. This will basically give the Liberals a spare Senator from 2019-22. I think that solution is wrong and should be avoided if possible, though Antony Green thinks any other course of action might run a higher risk of a successful High Court challenge.

  7. #442
    Batoutahelius road runner's Avatar
    Join Date
    Apr 2006
    Location
    on the skin of the pale blue dot
    Posts
    11,501
    meep meep

  8. #443
    CC Grandmaster Capablanca-Fan's Avatar
    Join Date
    Jan 2004
    Posts
    18,817
    Yes, a sleazy hypocrite. "Hypocrisy is the compliment vice pays to virtue."
    “If Algeria introduced a resolution declaring that the earth was flat and that Israel had flattened it, it would pass by a vote of 164 to 13 with 26 abstentions.” — Abba Eban on the UN general assembly

    “You will never find a more wretched hive of scum and villainy. We must be cautious.” — Obi-Wan Kenobi on the UN kakistocracy

  9. #444
    Monster of the deep Kevin Bonham's Avatar
    Join Date
    Jan 2004
    Posts
    36,150
    Quote Originally Posted by Capablanca-Fan View Post
    Yes, a sleazy hypocrite. "Hypocrisy is the compliment vice pays to virtue."
    Whereas the compliment "virtue" pays to "vice", in the case of so-called "values voters", is to keep on voting for it. But glad you have the consistency to call him out, as scarcely anybody else has.

    Interestingly even Miranda Devine is now alleging Joyce is a serial stray:

    Barnaby hasn’t been an easy dog to keep on the porch, as Hillary Clinton once put it, but Natalie has persevered, understanding that highs and lows are part of his personality.

    “He always comes back”, she’s told friends.

  10. #445
    Monster of the deep Kevin Bonham's Avatar
    Join Date
    Jan 2004
    Posts
    36,150
    Ugly stuff for Barnaby hitting the tabloids this evening. Rumours about this stuff were circling in Winsor-related places on the net in October before the by-election. I mentioned them interested to see if they might break more widely but they didn't at the time.

  11. #446
    CC Grandmaster Ian Murray's Avatar
    Join Date
    Jan 2004
    Posts
    4,172
    Barnaby Joyce's other betrayal
    SMH
    10.2.18

    If you think what Joyce did to the gay and lesbian community was terrible, let me frighten you even further. In 2006, Joyce was prepared to condemn women to death.

    Joyce, then just a Nationals senator in the Howard government, opposed the free provision of a drug which would save the lives of hundreds of women a year.

    The drug was Gardasil, a vaccine which would prevent the spread of human papilloma virus (HPV). To be truly effective, girls must be vaccinated before they become sexually active....

    Joyce said: "There might be an overwhelming backlash from people saying, 'Don't you dare put something out there that gives my 12-year-old daughter a licence to be promiscuous'."

    Looking back through the news stories of the time, there is absolutely no evidence to show that there was any hint of a backlash. It's a trick Joyce uses all the time. He pretends he's been out there in the community discerning a backlash. He did it with same-sex marriage and he did it with Gardasil....

    The good news is that the world certainly ignored him....

    The new Gardasil, rolled out last year, is said to provide 93 per cent protection against cancer. It's available in the US, in Europe, in New Zealand and here. The vaccination program, just 11 years later, is preventing cervical disease - the data shows a 17 per cent decline in precancerous lesions in women aged 25 to 29.

    I had a good look in the news stories of 2013. Joyce didn't make a peep when Gardasil went on the vaccination schedule for boys. Turns out that Joyce didn't need a vaccination - or even a licence - to be promiscuous.

    Van Badham calls Barnaby Joyce a 'massive, staggering hypocrite' on Q&A – video
    Last edited by Ian Murray; 13-02-2018 at 10:19 AM.

  12. #447
    Batoutahelius road runner's Avatar
    Join Date
    Apr 2006
    Location
    on the skin of the pale blue dot
    Posts
    11,501
    If Baarnaby goes would Windsor run this time? You'd have to think he'd be a shoe-in.
    meep meep

  13. #448
    Monster of the deep Kevin Bonham's Avatar
    Join Date
    Jan 2004
    Posts
    36,150
    Quote Originally Posted by road runner View Post
    If Baarnaby goes would Windsor run this time? You'd have to think he'd be a shoe-in.
    I'm not sure he would be; it would be rather interesting. Possibly some of the right-wing parties that sat out the last one would have a crack at it.

    If it does go to a by-election it will be the first federal seat to ever have two by-elections in the same term. It's hard to even find examples of such a thing happening at state level. There was the weird case in the 1930s of the seat of East Sydney having two in the same 12-month period, both won by the same person, either side of an election at which he briefly lost the seat.
    Last edited by Kevin Bonham; 13-02-2018 at 10:31 PM.

  14. #449
    CC Grandmaster Capablanca-Fan's Avatar
    Join Date
    Jan 2004
    Posts
    18,817
    Quote Originally Posted by Ian Murray View Post
    Barnaby Joyce's other betrayal
    SMH
    10.2.18

    If you think what Joyce did to the gay and lesbian community was terrible, let me frighten you even further. In 2006, Joyce was prepared to condemn women to death.

    Joyce, then just a Nationals senator in the Howard government, opposed the free provision of a drug which would save the lives of hundreds of women a year.

    The drug was Gardasil, a vaccine which would prevent the spread of human papilloma virus (HPV). To be truly effective, girls must be vaccinated before they become sexually active....

    Joyce said: "There might be an overwhelming backlash from people saying, 'Don't you dare put something out there that gives my 12-year-old daughter a licence to be promiscuous'."

    Looking back through the news stories of the time, there is absolutely no evidence to show that there was any hint of a backlash. It's a trick Joyce uses all the time. He pretends he's been out there in the community discerning a backlash. He did it with same-sex marriage and he did it with Gardasil....

    The good news is that the world certainly ignored him....

    The new Gardasil, rolled out last year, is said to provide 93 per cent protection against cancer. It's available in the US, in Europe, in New Zealand and here. The vaccination program, just 11 years later, is preventing cervical disease - the data shows a 17 per cent decline in precancerous lesions in women aged 25 to 29.

    I had a good look in the news stories of 2013. Joyce didn't make a peep when Gardasil went on the vaccination schedule for boys. Turns out that Joyce didn't need a vaccination - or even a licence - to be promiscuous.
    “If Algeria introduced a resolution declaring that the earth was flat and that Israel had flattened it, it would pass by a vote of 164 to 13 with 26 abstentions.” — Abba Eban on the UN general assembly

    “You will never find a more wretched hive of scum and villainy. We must be cautious.” — Obi-Wan Kenobi on the UN kakistocracy

  15. #450
    Batoutahelius road runner's Avatar
    Join Date
    Apr 2006
    Location
    on the skin of the pale blue dot
    Posts
    11,501
    Quote Originally Posted by Capablanca-Fan View Post
    He's normally called a tomato or beetroot, but I support maroon also serves.
    meep meep

Thread Information

Users Browsing this Thread

There are currently 2 users browsing this thread. (0 members and 2 guests)

Similar Threads

  1. Fear and Loathing in the 43rd Parliament
    By Kevin Bonham in forum Politics
    Replies: 288
    Last Post: 05-08-2013, 05:47 PM
  2. Australian Chess Tales
    By MichaelBaron in forum General Chess Chat
    Replies: 25
    Last Post: 16-11-2011, 09:11 PM
  3. Cab Drivers' Tales
    By Basil in forum Non-Chess
    Replies: 23
    Last Post: 16-04-2010, 06:35 AM
  4. Anonymous attacks Parliament
    By michael.mcguirk in forum The 1337 Lounge
    Replies: 9
    Last Post: 23-02-2010, 11:16 PM
  5. WA parliament legalises brothels
    By Garvinator in forum Politics
    Replies: 3
    Last Post: 02-04-2008, 02:46 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •