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69% of Australian Retirees expect to leave a very significant inheritance to their children; HSBC Survey
Topic Started: 21 Sep 2014, 11:17 PM (11,743 Views)
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ThePauk
22 Sep 2014, 12:41 PM
Herbs
I would not call someone who has a PPOR with a VG amount over $500k, middle class at all. Note, this is the land value only and does not include the house.
That would describe a small, dated house within 6-10 km of most capital cities, that gran and gramps might have held for decades. Late in their well-deserved retirement, you want to declare them beyond middle-class, and start taking it all away from them.

What has created this cruel streak in you, Pauk? Why do you want to harm the middle class?
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peter fraser
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ThePauk
22 Sep 2014, 12:49 PM
Peter
You are trolling.
I certainly have supported raising the GST for some time now, nothing new in that and your posts prove nothing apart from that.
But you said you didn't.

Which is it - yes or no - why is this a hard question?

The reality is that someone has something that you want and rather than work for one of your own, you want the government to tax it off them to reduce them to your level. That's like making the smart kids in the class dumb to promote equality.

Any expressed market opinion is my own and is not to be taken as financial advice
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ThePauk
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Sober
22 Sep 2014, 12:50 PM
That would describe a small, dated house within 6-10 km of most capital cities, that gran and gramps might have held for decades. Late in their well-deserved retirement, you want to declare them beyond middle-class, and start taking it all away from them.

What has created this cruel streak in you, Pauk? Why do you want to harm the middle class?
Bullshit.
I would require them to take advantage of the enhanced PLS and remain in-place.
Once again, anyone with a VG amount of $500k+ on their PPOR is NOT middleclass.
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ThePauk
22 Sep 2014, 12:52 PM
Bullshit.
I would require them to take advantage of the enhanced PLS and remain in-place.
Once again, anyone with a VG amount of $500k+ on their PPOR is NOT middleclass.
Unless they're farmers, right?
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ThePauk
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peter fraser
22 Sep 2014, 12:52 PM
But you said you didn't.

Which is it - yes or no - why is this a hard question?

The reality is that someone has something that you want and rather than work for one of your own, you want the government to tax it off them to reduce them to your level. That's like making the smart kids in the class dumb to promote equality.
Peter
Your trolling then and still are.
I said that raising the GST was not 'MY' idea. You like to portray any policy changes as being made by me, so be it, however you fail.

Your troll continues by making the argument about what 'I' want. Very low life of your Peter as you know full well, I could purchase tomorrow with cash and your assumptions about 'my level' is classic trolling. 10/10...

You are just cranky as you made a massive fail in calling all our current retirees, boomers, when they clearly are not.


Sober
22 Sep 2014, 12:55 PM
Unless they're farmers, right?
In relation to the enhanced PLS, no all people, including farmers.
Death tax would be exempt for rural ongoing business.
Edited by ThePauk, 22 Sep 2014, 12:59 PM.
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ThePauk
22 Sep 2014, 12:57 PM
Your troll continues by making the argument about what 'I' want.
But something you advocate for is presumably something 'you' want.
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peter fraser
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ThePauk
22 Sep 2014, 12:52 PM
Bullshit.
I would require them to take advantage of the enhanced PLS and remain in-place.
Once again, anyone with a VG amount of $500k+ on their PPOR is NOT middleclass.
Paul - we live in a democracy - the governments job is to ensure that the majority of people are looked as well as possible. It's majority government.

The majority own their house - 70% - that doesn't include you, so you want the majority to suffer because you don't own a house. There will be a revolution on the streets if you ever get anyone to take any notice of this crap and it will be the political death knell of any politician who takes it on board.
Any expressed market opinion is my own and is not to be taken as financial advice
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ThePauk
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Sober
22 Sep 2014, 01:01 PM
But something you advocate for is presumably something 'you' want.
Correct, however not for me personally, but for the younger generations and the generations after that.
It is called a social conscience, something clearly the bulls lack.
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peter fraser
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ThePauk
22 Sep 2014, 12:57 PM
Peter

You are just cranky as you made a massive fail in calling all our current retirees, boomers, when they clearly are not.
Paul people who are currently retiring are boomers.

Why is this another difficult point for you to grasp?
ThePauk
22 Sep 2014, 01:04 PM
Correct, however not for me personally, but for the younger generations and the generations after that.
It is called a social conscience, something clearly the bulls lack.
Ah - now I see - you want to screw the grannies house off them out of the goodness in your heart?
Edited by peter fraser, 22 Sep 2014, 01:07 PM.
Any expressed market opinion is my own and is not to be taken as financial advice
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ThePauk
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peter fraser
22 Sep 2014, 01:04 PM
Paul - we live in a democracy - the governments job is to ensure that the majority of people are looked as well as possible. It's majority government.

The majority own their house - 70% - that doesn't include you, so you want the majority to suffer because you don't own a house. There will be a revolution on the streets if you ever get anyone to take any notice of this crap and it will be the political death knell of any politician who takes it on board.
Peter
Once again, you continue your troll in saying that 'I' am the only one supporting policy changes and that "I" want changes just for me. You clearly demonstrate a complete lack of any social conscience at all in continuing to claim that "I' make these policy suggestions so "I" can get a house. You continue to fail and reduce your standing.

70% do not own a house, that is BS broker talk. 31% are outright owners, the rest are mortgage holders.

Are you still claiming that the current retirees are boomers?....lol
The vast majority of boomers have not retired yet. Got it?


Once again, I never said to scree granny out of her house, that is you still trolling. I said they should remain in-place and take advantage of the PLS.
Edited by ThePauk, 22 Sep 2014, 01:11 PM.
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