"..consider a party is swept into power with a majority to write any law into existence
and it passed into law that the public service and welfare no longer existed, just like say 500 hundred years ago in most countries
now, what does your (and dole bludgers) next pay slip look like glug?...mike68"
Does not affect my payslip what so ever, but it will affect the pay slips of just about every other Australian, which will cause a large percentage of businesses to collapse.
mike68, chicken and the egg scenario.
kincella and mike68 below is a pie chart to show where the governments revenue comes from. As you both should be able to note from the chart, revenue comes from many other sources besides income tax. So your over simplistic claim about the number of tax payers is clearly incorrect.
kincella, here's the interest rate chart to show interest rates hit around 20% when Howard was Treasurer.
It also shows the interest rates at the start of and end of the Labor parties terms, which all supports the figures in my original post.
kincella, I do stand corrected when Labor inherited the interest rate of around 15%. The correction "Labor inherited high interest rates of around 15% from the LNP in 1983 from Treasurer Howard"
