Australian Politics, Mark II

Exactly what a rich person trying to avoid execution would say

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She would have been paid very well for that performance no doubt.

I would probably disagree
Rich Lawyer/Doctor/Accountants would have businesses set up in trusts etc, or be paying wife salary out of business to reduce tax and use up thresholds.

Maybe average Lawyer/doctors would.
But also in my experience, these people dont have trophy wives, but also doctors/lawyers/accountants/teachers/nurses as wives who also work as well. thus negating the impact.

And anyway could only earn $14,000 (20k gross)in dividends to get back $6,000 tax free. After your $20,000 income
People eligible for senior aust offset can have incomes up to like 30 grand tax free so get more franking credits back.

But its self funded retirees who could be making more on franking credits through the tax free pensions.

Most Doctors buy a farm worth over $500k and they spend money on it (similar to negative gearing) increasing the capital value of the property and deduct the losses against their income.
250k income limit is a bit of a issue as well for claiming losses so need to earn under that.

Best strategy is to put contribute your $25,000 per year into to super
then any income is only taxed at 15%
and they can also contribute other assets non concessionally as well $100k per year.

Not sure where your pulling the $1 million from.
but yeh anyone earning that much should be able to support their wife to be a stay at home mum lol. And yeh, makes sense to invest assets in her name if her tax rate is nil and yours is 45% + medicare. You would be a idiot not too.

‘Aspiration’ is the new ‘trickle down economics’.

Did I just see/hear McKormick do a "How GOOD is …(something) " just then?? :roll_eyes:

Let’s hope Albo can get out there for the next 3 years given us plenty of How goods this?? and How fkn GOOD is that?

Maybe we could just reduce the whole fkn shitshow to such useless cliched platitudes.

Orstraya mate!

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While I’m about it though, … “How Good is Bangers & Mash!!!”

How good is MELISSA PRICE?

About to get the big A from cabinet apparently.

So libs at 76 confirmed plus Bass and Maquarie, gets to 78

AEC now put Lilley in back in contention (previously confirmed for Labor)

Brilliantly stated Gnik

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Who?

The project are running a segment about how tough farmers have it in NSW, with the poor levels and quality of water in the Murray-Darling Basin.

F*ck off. There is no empathy for you clowns.

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I wouldn’t be watching those pseudo-intellectual wankers on the project anyway.

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How good is Australia

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AU pair good, sick kids bad.

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Slight change

So the child is an Australian citizen and is being deported…

Send him to Christmas Island. They’ve got good medical facilities there.

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Of course it annoys the left. Logic is the enemy of the warmist. Hence why BS Bill was not prepared to give the cost of his "real action on climate change " (lol) and the benefits (virtually none as confirmed by Australian chief scientist).

I can reveal the truth: hideously expensive and unreliable with virtually zero benefit to the climate. Literally zero if you take into account the fabricated figures used to demonstrate man made climate change.

So glad that the Labour/Green coalition called this out as the “climate election” and a "referendum on climate change ". One of few times I can agree.

Will the Labour/Green coalition accept the (100% correct) mandate of the Australian people?

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Your ideas are as interesting as a head cold.

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Regardless of what Barnaby says, Farmers hate Socialism… until their businesses go bankrupt and their properties are worthless. Then they are crying out for socialism to save them.

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