|
|
Post by mikehansen on Oct 1, 2010 11:06:07 GMT 12
opps are you better off after the tax cut and gst rise
how has it effected you?
|
|
|
|
Post by percy on Oct 1, 2010 11:20:02 GMT 12
So if you're better off vote yes
If you're worse off vote no
|
|
|
|
Post by knownotmuch on Oct 1, 2010 11:40:05 GMT 12
The way the numbers stack up almost everyone should be better off. For a wage and salary earner to pay more tax they would have to spend substantially more than they earn. But I guess there are a few around that are actually that unwise.
|
|
|
|
Post by nogrip-31gm on Oct 1, 2010 12:19:41 GMT 12
of course you should be better off with a tax cut on wages, but after 2.5% gets added on to the things that you buy ie fuel,food,power,etc etc we will be spending more money on the things we currently buy, so in the end, no we are not better off.
|
|
|
|
Post by woodart on Oct 1, 2010 20:10:16 GMT 12
The way the numbers stack up almost everyone should be better off,,, logic should tell you, that is as likely as pyramid schemes actually working. anyone earning under $40,000 a year will probably be worse off when things filter through( 7c a litre petrol increase, that has yet to be factored in, an increase in freight charges, expect food prices to go up before christmas).  |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Oct 2, 2010 12:11:01 GMT 12
Good to see the glass is still half empty there Woodart. ;D
Petrol didn't go up 7 cents because of GST increase, In reality nothing should go up 2.5% because of the GST increase.
I can't see how, unless (as knownotmuch says) ppl are spending far more than they earn, that anyone will be worse off as a simple result of GST increase and PAYE decrease. Price rises are another matter altogether.
|
|
|
|
Post by chris13w on Oct 7, 2010 21:18:45 GMT 12
GST going from 12.5% to 15% sounds like a 2.5% increase, but its actually only 2.2222% - do the maths!
Of course some things will go up, but there are plenty of other things that are "price pointed", so $99 items are unlikely to be advertised at $101.20, retailing just doesn't work that way.
And of course $2 shops won't become $2.04 shops...
So yes, most people should be better off - unless you disproportionately increase your spending.
|
|
|
|
Post by Rusty on Oct 7, 2010 21:37:15 GMT 12
GST going from 12.5% to 15% sounds like a 2.5% increase, but its actually only 2.2222% - do the maths! Of course some things will go up, but there are plenty of other things that are "price pointed", so $99 items are unlikely to be advertised at $101.20, retailing just doesn't work that way. And of course $2 shops won't become $2.04 shops... So yes, most people should be better off - unless you disproportionately increase your spending. The 2 dollar shops have become the $2 and $5 shop |
|
|
|
Post by mikehansen on Oct 8, 2010 23:34:28 GMT 12
Good to see the glass is still half empty there Woodart. ;D Petrol didn't go up 7 cents because of GST increase, In reality nothing should go up 2.5% because of the GST increase. I can't see how, unless (as knownotmuch says) ppl are spending far more than they earn, that anyone will be worse off as a simple result of GST increase and PAYE decrease. Price rises are another matter altogether. there was an exsize tax increase on fuel of 3 cents a litre on the 1st of october as well i noticed it cost me an extra 2 bucks to fill the beamer up last week so i am selling it now and going back to a jap 6 as apposed to the V8. makes sence when you have to drive 550km to and from work every 2 weeks!!! |
|
|
|
Post by sketchy on Oct 12, 2010 13:55:03 GMT 12
Good to see the glass is still half empty there Woodart. ;D Petrol didn't go up 7 cents because of GST increase, In reality nothing should go up 2.5% because of the GST increase. I can't see how, unless (as knownotmuch says) ppl are spending far more than they earn, that anyone will be worse off as a simple result of GST increase and PAYE decrease. Price rises are another matter altogether. there was an exsize tax increase on fuel of 3 cents a litre on the 1st of october as well i noticed it cost me an extra 2 bucks to fill the beamer up last week so i am selling it now and going back to a jap 6 as apposed to the V8. makes sence when you have to drive 550km to and from work every 2 weeks!!! there are better ways to save your $2 a tank then selling the car...be less violent with the loud pedal. give it a tune up and check tyer pressures....but it you want a toy 6,.. for the sake of $2 a week, I wont say dont. I used to do 600k a week to commute(though I was using a n14 pulsar and a curren....) I transfered closer to home(now doing about 100k per week in a 09 suzuki swift, or my v6 mr2..)so the fuel price is less of a problem now ;D |
|
