What do each of US feel about Wealth Inequality.

[upthetigers]

Yeah, good looking women until she peeled here face off.

Desperate times call for desperate measures, I'd have a crack 😂

 

[hammertime]

I suspect were in the same industry...

Interesting Spartan... will DM you.

 

[Tucker]

Can you expand on what you mean here with an example?

There are incredible people out there, who built fortunes and are considered to possess true wealth who are still puppets on strings as they are not members of systemic power.
Take Kanye West as an example. Early on he used his celebrity to become an activist, however he never went all the way. He was still establishment, marrying a Kadashian, supporting Obama, raging against how blacks were treated etc…and this grew his personal brand far quicker than his music could make him money and became a multi billionaire very quickly through incredible endorsements from massive multinational corporations.
He then started speaking out about the systems in Hollywood, the Jews, the corruption etc. They immediately came for him, ruining his reputation - he was now a crazy racist and then they took all those endorsements and contracts away in an attempt to ruin him financially almost over night - costing him many billions of dollars.
Had he continued down that path, he would have faced further consequences.

 

[Tom Shines]

The goal appears to be a society where people are placed into jobs based on their IQ and abilities. Everyone fulfils their roll, and somehow we become a more enlightened and prosperous society.

No one really knows what’s going to happen with AI… but I have seen some really smart people say to look out…

I find it hard to imagine that if it’s doing most of the jobs , that 8 billion of us will be kept around doing nothing …whoever is running things then mightnt think that’s a very efficient use of resources..

 

[Tim Sheens]

Liar ,,,I’ve only ever posted here about football until this

Rubbish, you have engaged in other general threads and liked numerous posts espousing that crap, including sections deleted by the mods. That is why both I and others knew of your political persuasion prior to this thread, but you are free to continue being disingenuous.

 

[Tim Sheens]

The challenge we have is that the boomers control the biggest voting block, so policy has been shaped to them over their entire lives.

Until we see that shift, or they start to care about the generations to follow, not much will change.

That has finally turned, with boomers no longer as prominent and no more evident than what occurred on May 3rd this year.

 

[Tucker]

That has finally turned, with boomers no longer as prominent and no more evident than what occurred on May 3rd this year.

You are so caught up in your hatred for the right that you have become blinded to how the world really works.
We are no better off with Albo getting another spin and it is every bit as ludicrous to suggest so as it is to state Liberals would have been better.

 

[Tom Shines]

Rubbish, you have engaged in other general threads and liked numerous posts espousing that crap, including sections deleted by the mods. That is why both I and others knew of your political persuasion prior to this thread, but you are free to continue being disingenuous.

Absolute Bullshit …

@Spartan117 - is this lying permitted ?

I have literally never commented on any political debate prior to this one …never once can I recall mentioning your orange skinned mate …find a post !

 

[Tom Shines]

You are so caught up in your hatred for the right that you have become blinded to how the world really works.
We are no better off with Albo getting another spin and it is every bit as ludicrous to suggest so as it is to state Liberals would have been better.

Obviously knows how to tell some porkies too ,,,

 

[Betterdays22]

Rubbish, you have engaged in other general threads and liked numerous posts espousing that crap, including sections deleted by the mods. That is why both I and others knew of your political persuasion prior to this thread, but you are free to continue being disingenuous.

Sheensie mate our views broadly align politically but there is nothing to be gained from attacking other posters like TS, who mostly seems to keep away from the politcal argy bargh that goes on here. Not helping your cause

 

[twentyforty]

I don’t think it’s a good idea to constantly increase taxes, regardless of the entity or its level of wealth. Why not encourage the wealthy to gift, or set up charitable funding subsidiaries, like many already have done.
Venture capital has provided an increased standard of living, including health benefits, which the public sector could not afford.
Why weaken this conduit?

 

[Tim Sheens]

Hard work in certain industries mate. I get paid very well in my job, but i know there those in aged care, hospitals, social work who are better people and dont focus on money.

Equating hard work to money is not correct. And if everyone focused on paypacket, we'd be a horrible place.

But regardless, the issue is actually not income. Its asset accumulation. Disparity will continue to grow as the outgoings, as a percentage of wealth, for super wealthy are a smaller than the rest. Meaning it just compounds and continues to grow.

We need better taxation on asset gains held in Australia. It also solves the problem of people moving overseas from income tax.

Some very pertinent points there hammer, particularly those relating to the financially unappreciated female dominated care industries.

Apart from regulation of crypto, a myriad of tax changes are needed, particularly targeting massive wealth. For starters, a simple minuscule tax on all financial transactions hits every single potential accumulation and transfer of wealth, whilst having very little effect on the poor.

 

[Tim Sheens]

Sheensie mate our views broadly align politically but there is nothing to be gained from attacking other posters like TS, who mostly seems to keep away from the politcal argy bargh that goes on here. Not helping your cause

Agreed, though if you care to look back, you will see that he started at me, then resorted to exclamation points instead of legitimate debate before calling me a sheep.

Shorter reply, he attacked me before I him.

 

[Tom Shines]

Agreed, though if you care to look back, you will see that he started at me, then resorted to exclamation points instead of legitimate debate before calling me a sheep.

Shorter reply, he attacked me before I him.

the debate was legitimate ,… but as per the playbook you had to resort to the Bullshit ..

Exclamation points …oh no!!

 

[BZN]

Nope.

I’m really hoping my kids follow suit and do trades.

There is such a shortage and it’s because people want to work in offices or be influencers.

Pay the price. Of course those things are going to get dominated by AI. But buildings and whatever can’t be built without trades. And quality trades especially with how much of a crackdown there has been by the Building Commissioner.

So when I hear all these people say they love to work from home, and going to the beach for breakfast before they start their day and probably do less than 20 hours per week while getting paid for 40, don’t expect me to feel sorry for you because - oh, I’m going to have to move from Bondi! How can I live with myself? I can’t afford my rent!

Just remember, when it was COVID, what industries did they keep going - construction and childcare. Sorry actually they closed construction for 2 weeks in 2021. My wife and I were both on the front line going to work everyday with all the masks and spacing etc while people sat on their asses from home.

Summary - I have no sympathy for anyone that’s crying poor. There are plenty of opportunities to thrive here. I don’t know how much travel people on here have done but Australia is the greatest country in the world to live. Easy.

Thanks Tito, I've passed your "Nope" on.
I really hope your kids follow you into the trades because we need quality Tradies of all sorts desperately, and one huge advantage you blokes have is that you are seemingly allowed to drive faster than any other car on the road 😉.

The quality tradie shortage we have atm apparently goes back to 1996 when the Howard Govt. abolished the trade union training authority with a major cutback in federally supported trade training.
TUTA was established in 1975 by the Whitlam Govt. and was a world 1st federally funded body to provide structured training to union officials and workers.
Bob Hawke and Paul Keating supported TUTA from 83 to 96 when little Johnny Howard was elected and immediately abolished TUTA, and I'm guessing, to smash union power.
Most rich people don't like unions as they take from the rich to give workers a fair pay rate.

Smashing union power marked the end of a national...govt. backed system which was specifically designed to strengthen trade and union skills.

You'll have to forgive me Tito, but you sound like a pretty hard taskmaster, and there is nothing wrong with that as long as you are fair also.

"I have no sympathy for anyone that's crying poor".

I'll bet you a gazillion $$$ that people that are poor, are like that because they have made bad life choices, I'm guilty of making many bad life choices along the way, OR they come from a long line of poor and disadvantaged people, and they are NOT all coloured people.
Once that disadvantaged mindset is ingrained in the family, and maybe for many generations prior, it's known that a big % of people can't fight their way out of that line of thinking through no fault of their own making.
It's the way it is for some, and these are the people that need the govt. to step up and support them, to try to get them out of the never-ending poverty trap.

 

[BZN]

Hahahahaha, so I have pointed out many differences and opportunities for changes to your bugbears just this century alone and you come back with not voting for Dee or Dum 6 months ago.

You obviously don't support Teals and definitely not the Greens, so hey, let's go with Pauline then, who built her party on racism and consistently voted otherwise to your supposed wants. Great choice.

I feel a lot of Baby Boomers would have voted for the Teals.
I would have if there was one standing in my electorate.
But there wasn't so I did the next best thing and voted for a very highly qualified Independent, and she would have been terrific, but missed out.

 

[Tom Shines]

I feel a lot of Baby Boomers would have voted for the Teals.

You look at the people campaigning for the teals … they are 60+ ( mostly)

 

[BZN]

Nearly all argue their point from a left or right leaning. So neither side is completely right or wrong. There are decent points made by all.

I don't think penalising success is an answer. If you hit the most wealthy hard, where is the motivation to be successful coming from? It will drag the target motivation to the middle class. Society NEEDS people to drive for success. It will produce new ideas, technology etc. If you stunt the motivation to do better, you go backwards.
I don't think taxing Super, after it is made mandatory, is an answer. People seem to have forgotten the purpose of Super in the first place- it was supposed to help ease the government spending away from pensions so that government spending can be put elsewhere (lowering the responsibility of government spending & reducing their need for....higher tax). But, again- we have people (politicians) that need an immediate fix to the finance issues (to remain popular) and there's this big pile of money we made people save up just waiting for us....

The GST is actually about as fair a tax as you can get. Lower income taxes. Increase GST. Pay tax on what people buy. Don't tax them so much they can't buy. GST counts for EVERYONE- rich or poor. Your uber-rich will buy their fancy cars & pay high GST on it. Boom. No backing out of the tax on that one. The government could also restructure the government bonds. Give a high return that can be shifted to Super or something. That way, your uber-rich are encouraged to lend money back to the government with a big, juicy carrot waiting for them in retirement (which, because less pension payments are required for....they have more cash available to pay out...)

Why did the GST get such negative feedback? Because the party not promoting it played on the populus need of instant gratification. "They are going to tax you more so you'll pay more for everything & have less" while politely glossing over lower income tax which gives you more to spend in the first place....

John Hewson might go down as one of the most misunderstood options Australia ever had. The GST under following governments never gave BACK to the people, they just took more.

I vote against the Libs about 75% of the time, but I was really disappointed when Hewson missed out.

 

[GNR4LIFE]

I’ll never vote for a Party who disrespects Joy Division.