Self funded retirees now funding all., page-35

  1. 9,678 Posts.
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    Hey brain dead,just replying as per yr post.
    I'm not on any drugs but i guess u can suggest some.

    How pathetic 'i work in tax' well i guess a govt job.

    So a little of my history considering yr stupid assumptions.

    During the keating years i made my largest investment in machinery in one year,large even for much larger co's,i'm not talking a toyota ute..I worked and never had time to watch the news/govt policies.
    I made the investment in manufacturing machinery, then when meeting with accountant at the end of the fy he told me i had timed my largest investment in the best possible year.ie the year keating introduced a 100% tax deduction by memory almost unlimited value.(not just a stupid toyota ute policy).
    So i got my deduction completely unexpected ,the morale being if u 'Happen' to b covered by simplistic govt policies at the right time 'getting money out of the govt 'IS' easy.
    Contrary to yr simplistic posts/statements.

    Same smsfs,private health,private schools,make the people feel like they r being screwed they will go onto the public system ,whether pensions,schooling or hospitals
    U fruit cake,
    ps keatings policy was excellent,but maybe he should have introduced it when co's were making new investments not already committed investments ,not that u would understand that.
    You need business to thrive to provide for all which may not agree with yr ideology.


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