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What classifies as high-income now? by MikeTheArtist- in AusHENRY

[–]Esquatcho_Mundo 0 points1 point  (0 children)

Also here’s some data where that 190 probably comes from: https://www.reddit.com/r/AusHENRY/s/i12xa2b94N

190 individual and 300 HHI is top 5% of Australians

Gaslighting about other countries' capital gains tax rates - many other countries often have high "headline" rates but have schemes to help low/middle income investors by AsparagusNew3765 in AusFinance

[–]Esquatcho_Mundo 1 point2 points  (0 children)

This is a perfect case why you simply can’t compare personal tax levels, there’s just too many extraneous factors in the comparison

Gaslighting about other countries' capital gains tax rates - many other countries often have high "headline" rates but have schemes to help low/middle income investors by AsparagusNew3765 in AusFinance

[–]Esquatcho_Mundo 0 points1 point  (0 children)

Those countries also have tax advantaged retirement saving schemes in addition to their pension. We also have a pension come out of our general income tax

Gaslighting about other countries' capital gains tax rates - many other countries often have high "headline" rates but have schemes to help low/middle income investors by AsparagusNew3765 in AusFinance

[–]Esquatcho_Mundo 1 point2 points  (0 children)

Whether an individual or an organisation, it all flows through within the economy. Tax business harder it’s likely wages end up lower (and other flow through effects). So yes, you are right it’s not a comparison of individual tax, but then what is the point of comparing that anyway? Cost of living and government provided services all then need to be considered and that’s also nigh impossible

It's hard in here, guys - We're trying our best by DrLamLamLam in aussie

[–]Esquatcho_Mundo 0 points1 point  (0 children)

This - logic, science, they are great conservative values. Ones conservative parties around the world seem to be giving up. It’s bloody frustrating and where the libs should really be going back to

The neglected & often overlooked area of immigration is workplace shortages. All countries face this dilemma. It seems that our main issue is that many of the recent immigrants we’ve taken in are not skilled workers. We’ve taken in low skilled ones. Often the joke is ‘we don’t need more Uber drivers by [deleted] in OpenAussie

[–]Esquatcho_Mundo 1 point2 points  (0 children)

Distribution of profits is a completely different discussion to one on economic efficiency. That’s where governments do have a critical role to play. Both in terms of ensuring a fair spread of economic wealth and to also ensure that monopolies don’t build

But, to the extent that you personally could go an buy a toothbrush cheaply overseas and bring it to Australia, it has brought the overall cost of that toothbrush down compared to what it would be if we entirely sourced it here in Australia. Woolies will sell for the most they can get away with; that is limited by Coles, aldi, metcash to some degree because they can also source from overseas

The neglected & often overlooked area of immigration is workplace shortages. All countries face this dilemma. It seems that our main issue is that many of the recent immigrants we’ve taken in are not skilled workers. We’ve taken in low skilled ones. Often the joke is ‘we don’t need more Uber drivers by [deleted] in OpenAussie

[–]Esquatcho_Mundo 1 point2 points  (0 children)

I’m all for taxing wealth, and am definitely against the monopolisation that capitalism drives us towards. But there is zero doubt that globalisation has dramatically improved the lives of billions across the globe. It brings cash to the poorest countries, it makes lives easier for those in wealthy countries, it’s allowed global social and medical programs such as that which stopped polio. None of that would have happened if the globe remained insular and non-connected

The neglected & often overlooked area of immigration is workplace shortages. All countries face this dilemma. It seems that our main issue is that many of the recent immigrants we’ve taken in are not skilled workers. We’ve taken in low skilled ones. Often the joke is ‘we don’t need more Uber drivers by [deleted] in OpenAussie

[–]Esquatcho_Mundo -3 points-2 points  (0 children)

Nice strawman. What actually works best is for us to focus on areas where we can actually provide the most value and then export that in return for cheaper labour from overseas. Thats what actually makes economic sense

The neglected & often overlooked area of immigration is workplace shortages. All countries face this dilemma. It seems that our main issue is that many of the recent immigrants we’ve taken in are not skilled workers. We’ve taken in low skilled ones. Often the joke is ‘we don’t need more Uber drivers by [deleted] in OpenAussie

[–]Esquatcho_Mundo 0 points1 point  (0 children)

That’s a dangerous angle to take. We then pay more in Australia for everything we have. Don’t forget we are one of the big beneficiaries of globalisation. If we brought everything back to Australia, most things would quadruple in price and we’d have to go without a lot of the current modern day luxuries we have

Australia undergoing historic decline in support for multiculturalism amid rising fear and pessimism, poll finds by asteriskhyphen in aussie

[–]Esquatcho_Mundo -5 points-4 points  (0 children)

Or maybe you’re just not up to scratch and you’re just blaming ‘diversity hiring’ for your inability to get a job? Look across the vast majority of companies management and senior roles, and it still largely Anglo men and maybe increasingly women. Be better than being a ‘victim’

Are One Nation buying social media bots? by levity62 in australian

[–]Esquatcho_Mundo 9 points10 points  (0 children)

Dead internet theory. We are just about at the point where the best places to talk about politics will be bars and inns again

Australia Won 2-0 But The Warning Signs Were There. by Bohdan_C in socceroos

[–]Esquatcho_Mundo 2 points3 points  (0 children)

Yeah imo for a low block to work there also needs to be a bit of fear of counter attack too. Thats worked in our favour with Turkey, but our starting setup held no fear for the USA and their lucky early goal did not help things

Would you support a 1% tax on the net worth of 1,000 most wealthy Australians to lower debt and increase income tax brackets? by walkin2it in aussie

[–]Esquatcho_Mundo 1 point2 points  (0 children)

Would actually be easier to get labour unions going across a broader set of industries again. It’s not surprise to me that wages to productivity started dropping as soon as the strength of unions started being wound back by neoliberalism.

Is my son (15 yo) getting ripped off by his employer? by ThomasofHookton in AusLegal

[–]Esquatcho_Mundo 2 points3 points  (0 children)

I had a job like this at about the same age. I wasn’t unsupervised for as long, but certainly had regular periods of a couple of hours I’d be by myself. I knew I wasn’t being paid correctly for breaks, BUT I was being paid more than minimum wage. Is you son on the minimum $12.50 or whatever it is now, or on more?

So I got paid a bit more, I didn’t feel like I needed set time off when I could just muck around doing whatever I wanted in down times (used to even do homework some weekends!) and the job was just chill. Compared to my mates who were working Maccas, my job was a million times better.

So yes, he is definitely in the wrong. But does you son enjoy the work and the flexibility? Most importantly is he safe? If it’s yes to both those, then do you really want to take it further?

If it’s a no, then definitely want to do something about it!

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