Australia's largest stock trading and investment forum Australia's #1 stock forum

Individuals with generational wealth would be included in the...

First 176 Last

Share
Profile

Follow
sholtz

2,129 Posts.

795

09/05/23

15:19

Post #: 67681701
Share

Originally posted by CharlieShares: ↑

the system isnt meant for middle and high income earners to supplement the lazy, drug addicted, Alcoholics, Refugees etc

it should be to encourge hard work and investment imrpove the overall standard of living.

the reason why Australia has been going backwards is WAY to much money goes to the bottom 10% and minorties we spend 4.3bn on first nations and it essentially gives Zero return

we spend 50bn on NDIS and also zero return

we spend 40% of our GDP on welfare for minimal return (keep in mind 2% of unemployed are long term unemployed and have no intention of working)

in which we spend billions on social housing etc

we shouldnt be milking the top we should be raising the bottom - somewhere along the line the socialist have made so many believe we are all victums and need handouts

no one should be poor in Australia like nations like Qatar, Saudie etc resources rich with wealthy populations.

instead we waste money on rubbish and the wider population suffers for it

Expand

Individuals with generational wealth would be included in the top 3.6%.
Upvote

Reply

There are more pages in this discussion • 277 more messages in this thread...

First 176 Last