Why are people taxed on the cost of living? Senate - 11.09.24

[@dixcreative]

Sadly most politicians are not for the people. It’s sickening.

[@sonjakozman1699]

Let's keep an eye on this guy. Not sure he is what he presents as.

[@James-kd7dc]

​@@sonjakozman1699you for real? 😂

[@sidecarmisanthrope5927]

Analysts say that we are paying over 60% tax in Australia once you factor in fuel excise and GST. So this senator is right. We are becoming a third world country in regards to income.

[@EMAGA]

Source? I would love to look at the number breakdown.

[@MrPopo-nn7kp]

10% on everything multiple times, 30% on income plus 1k a year rego, plus land tax/rates. 60% at least for people under 100k per year.

[@larion2336]

Throw in the worlds most predatory road tolls...

[@nikitaw1982]

What do I do to help spread the message? How do we wake up the Karen’s?

[@chriscoghlan692]

Why do we pay income tax? Tax is paid on what you profit from. Your labour is not something you make a profit on.

[@tediousmaximus1067]

Yes I read that a long time ago. The word income does not mean labour. It means profits. Being paid for your labour is NOT a profit! It is just compensation for your time and labour. In the old days the only people who paid income tax were big companies and corporations because they were making huge PROFITS! Income tax (and land tax) should both be abolished!

[@tamaveirene]

👏👏👏👏💯

[@shaunm1030]

We will always pay income tax and the national debt will never be cleared because successive governments have pledged the future labour/earnings of the population as surety for the borrowings generated by the central bank buying the government bonds. All taxes pay the interest on these bonds to the bond holders. Treasury is simply a financial intermediary and the ATO is the collection arm. Our collective fates were sealed when control of the money was given to the bankers.😟

[@harisdiz.5817]

​@shaunm1030 it was never given. There is no legal document in Australian history to show for.

[@shaunm1030]

@harisdiz.5817 Yes, there is no individual "legal document", however, we (the majority) all stepped up to apply for a birth certificate, TFN, medicare card, & enrolled to vote. 🤔

[@davmac6148]

Overtime should be tax free, and we want the option to get our superannuation back and paid in cash, no tax added. VOTE - PEOPLE FIRST - thank you Senator

[@turnyourbacktoit]

If overtime was tax free, do you think the elite might only work overtime ?

[@TheCaptain001]

I don’t agree with everything a lot of left wing loonies are saying here but I do agree with the point you make regarding superannuation. Why should first home owners or people who have come across hard times not be able to access their super to help them out? Not much point being in a rental spiral getting nowhere yet have hundreds of thousands in super. Absolutely ridiculous.

[@Peak_Aussieman]

Because the Combine wants us to own nothing and be happy. Tee-hee!

[@coldpotatoes2556]

Shhhhh, nurse Ratchet can hear us 🙊

[@BaberJacks]

And eat zee bugs

[@nikitaw1982]

I own a bunch of junk

[@foff3379]

Cause we have criminals in our buildings and there seems to be no law

[@MiloWoody]

The worlds most over taxed country! Tax tax tax and more tax

[@nikitaw1982]

All the profits go to Israel. Sadistic Karen’s

[@garynew9637]

One of the few people in parliament who has had a real job.

[@hojacqui7595]

Thank you Senator Rennick ❤

[@cheeks7050]

We need someone who is competent with money like Rennick in power.

[@waynee6042]

Those low income earners are also paying a larger proportion of their income on fuel excise and 10 per GST on almost everything they buy, so the government gets even more of that 34 grand that's left!!!

[@turnyourbacktoit]

Pensioners paying for the abbo industry.

[@keltonreyneke8948]

The government, needs to reduce in size.

[@lucynyu333]

In Taiwan you do not have to pay tax if you have children under 5 years old if you do not make a lot. Even some third world countries have completely free kinder for children between 2-6 years old (with free lunch) 5 days a week so parents can work. Australia is so backwards and so greedy and money hungry that it puts lots of other countries to shame. Everything is privatised and taxed to the max. You cannot buy a house, you cannot go on holidays, you cannot retire, you cannot afford dental or doctor anymore... for some they can't even afford rent so they work full time and live in their cars. The tax you pay doesn't even go towards fixing the roads anymore. Everything is stolen from under us and given to those at the top. I hate what this country has become.

[@alexjohansson5232]

Taiwan has an intelligent government.

[@The_Last_Ninja]

Much love for Taiwan…it’s a beautiful country! 🇹🇼🇦🇺

[@Noddy2750]

How else is the government going to pay for all those lovely new shiney Submarines 😊

[@thestoicgreyhound]

Less tax on the working people, more tax on corporations who are creating this cost of living crisis.

[@unicornkisses7359]

Hear hear!!!

[@larion2336]

The first part, definitely. The second part, I dunno. People always think it's simple to throw taxes at big companies because "they can afford it, why not" but the more you do that, the less attractive you make doing business in your country. This is what idiot leftists have done in California with the crazy taxation there, and as a result tons of people are just fleeing the state. As a nation you don't want to do that (tho ofc those companies paying nothing, definitely should be). Less companies also means less jobs and less income for the people. It's a net negative for everyone in a way. Kind of same with raising minimum wage, it's a classic short-term-idiot-fix to a complex issue... what it leads directly to is employers who hire less employees overall and are therefore much more picky. What we really need is just way less taxes and way less govt and their crappy regulations. A lot of the housing problem is (other than immigration & speculative investments) due to insane restrictions on building zones preventing people from actually building anything (or to do so, have to jump through hoops and pay loads in fees and licenses). The less govt you have, the less problems you seem to have, up to a point. We probably could shrink it 4 times and only be better off.

[@81banga]

The government has created this crisis.

[@byronbandit605]

Nice to hear these words spoken in parliament. It really doesn't make any sense that the rich pay less tax in percentage

[@Hunter-yy4es]

No one pays less on tax BUT the rich who own company's etc they can write off more then the average joe thats working a 9 to 5. If you do a bit of research into companys and learn how they write off so much it will blow you away. - Need a holiday? make a work function/event "bussiness meeting" overseas. Claim that whole trip. Big corps just have that advantage over your maccas worker or pick packer.

[@josephcullen2512]

Yeah well said. Glad he's advocating this. Let's hope it generates action

[@stilllearning1160]

It's great to hear a politician elucidate arguments in clear, relatable fashion. Thank you.

[@RhydianLewisEntertainment]

You make total sense. Why aren’t you PM? Because you’re honest and speak truth and care about the nations people?

[@catinthehat8412]

the uniparty will block this because keeps the poor down

[@OpinionFactChecker]

GST is another tax on the poor and middle class. Such a blanket tax scheme cannot take into account variation in income.

[@daemon1143]

why should tax take variation in income into account? The people who earn more don't use more government services, and usually less.

[@AlienLivesMatter]

The wealthy have access to the most tax avoidance schemes and incentive subsidies. You logic is plainly wrong​@@daemon1143

[@AlienLivesMatter]

​@@daemon1143just look at super handouts

[@AlienLivesMatter]

Wealthy have access to more tax avoidance and incentive subsidies.

[@daemon1143]

@@AlienLivesMatter the extremely wealthy do, I agree, but the punishment for income starts way below the level where people can play those games. Why should someone who works their arse off to make 180K pay more tax than someone who mooches along and never earns more than 50K?

[@tlb2970]

Agree with this senator 💯

[@deant6627]

I've been saying exactly this for a long time. I really appreciate Senator Rennick for being one of the only politicians to have the guts to push this and have the peoples best interests at hart.

[@paulreid2223]

Grubberments pick on soft targets ..

[@danc.5509]

Then they are unable to handle the repercussions of slack fiscal policies, so they revert to the UN and other non sovereign entities for a solution.

[@merrelthorson2224]

Just like physopaths do.

[@jeremiemarin4055]

Thank you senator for your work , and especially for trying to bring common sense back to government. Even if thay aren't interested.

[@splinter-l]

Well said. Something we’ve always wondered. They couldn’t survive without us.

[@anthonycamacho6371]

Well said Mr Rennick, I am voting for you, we need more people like you in Government. My God bless you and your family, please keep up the good work. Anthony Camacho, Regents park Queensland

[@AmandaBeisiegel]

Keep up the great work senator 👏

[@Optimiser113]

We are so overtaxed here

[@strayamate5162]

Earnings below $100,000 should be tax free.

[@TheCaptain001]

If that was the case then very few people would be paying tax. So the government has no money to spend on infrastructure. So they get it from somewhere else; either way they will get it from you. It would also mean people earning under 100k would begin spending more on unnecessary purchases which would drive up inflation which would lead to an increase in interest rates. I am no economics professor but your comment is biased towards low earning people and doesn’t factor in the complex workings of economics.

[@barrywilkins1042]

​@TheCaptain001 Have to disagree with you. The Government's motto is: "Greed is good." We are taxed on EVERY purchase. We are double-taxed on ⛽️ fuel. (Excise/Levy GST) Medicare Levy Double-taxed on Insurance Taxed GST on goods purchased OSeas which are not available here. That's the whining Gerry Harvey Tax.😊 And there are plenty of other Government scams doing the rounds.

[@vancamerawoman7399]

That’s a very fair point Gerard. It is hard for many Aussies to ever get ahead in life even when they work all the hours they can.

[@muscletechhardcore]

Thank you Senator!!

[@Zen-kr3te]

Absolutely Senator. ❤

[@abc-mr7we]

Why can some governments live entirely without income tax? We used to. Our government is addicted to wasting money...pouring it down the drain. We need SMALL government, fully transparent, fully accountable.

[@pxbvic]

First 40k income tax free, for all... This would help the lowest income earners and simplify income tax...

[@colincrisp1592]

Thank you Senator

[@davemclean3899]

Good on you senator 💪

[@boomer_bob6493]

Senator Rennick, why are we paying GST on the excise portion of fuel, a tax on a tax is very unconstitutional.

[@MrHC1983]

As someone mentioned........ $10k tax and supers usually ontop not counted........ but it could be in our pocket yes.......... and then you need to factor in 10% GST on ALL items purchased, serviced etc.......... all the double or tripple dipping on roads, QLD Rego including a ROAD IMPROVEMENT FEE......... so there's two for roads, rego + the road improvement and then you have council rates that some have road improvement fee's......... etc etc etc.

[@steveascension9626]

It's good to have people who think for themselves & not just following the party line to get their big pensions at the end.

[@exvictorian3605]

Thank you

[@vivienneedwards3634]

I’m voting for you! You get it! I’m leaving the country.

[@rolfstreit5121]

thank you senator

[@DidiPort]

I do really appreciate Senator Rennick’s videos, shedding light into dark areas is so necessary and right. We should know these things. The cost of living is strangling Australians this is for sure, we see it in everyday living costs, crime rates, homelessness, domestic violence etc. etc. Taxation, a slight tangent- You cannot just keep looking for ways to Tax people at any income level to provide the funds for Government. Not to state the obvious! We need to look at Government, not Tax people more. We are over-governed, over regulated and we all recognise that governments are incredibly poor money managers. Australia is a country which has so much to offer, resources galore, however we are barely keeping our heads above water, when we should be a wealthy country, with people living at a very reasonable standard. We need to look after our own people first, stop handing out to immigrants hand over fist, stop the waste, an earlier Senator Rennick video mentioned the cost of the COVID VACCINES it was a staggering number and 12 Vaccines per person - really! Massive Government unfettered splash’s of cash are completely irresponsible. If this was the private sector, it would be game over, JAIL TIME. I reckon if Australia simply significantly cut regulations - make being in Business easier, the Country would prosper. We as a Country have that much to offer. Sorry about the Rant, but I had to again state the obvious.

[@jenniferthomas6783]

Finally…someone who talks sense.

[@jimmydcricket5893]

Then taxed on food, fuel, everything. We are cash cows.

[@victorgrech1136]

why wasn't senator Rennick PM instead of Morrison or Dutton now

[@JimSeymour-e7o]

This man, together with Babet, Roberts, Antic, Hanson, and others who speak up for the common man, are the back bone of this nations politics and our hope for a prosperous future. The rest just plan games and shuffle paper and speak 'slick' slogans to keep themselves popular and in power. Rennick for PM (?) Absolutely! We appear to have only one power block in Australia and that power block in the Liberal-National/Labor-Greens alliance. It's time we stopped voting the way our parents did and start voting with our brains and our hearts.

[@turnyourbacktoit]

You don't know the answer to that ? Explains alot about the political debacle we now have.

[@evil17]

@@turnyourbacktoitSoooo, what is the answer then? Maybe if you explained your view, we would not have such a debacle.

[@anthonysinclair154]

Don't worry Senator. We the people are not going to put up with it any longer..

[@biggils8894]

I’ll give it 15 years and will be a communist country

[@fionahobbs8818]

Totally agree. Young apprentices pretty well have to live with their parents.

[@karengayehammat4199]

Everytime Centrelink give allowoances for raised cost of living they also increase govt rent which has gone up $25 per week in the last 10 yrs so we are worse off not better

[@bmx13andit52]

Love your work Senator Rennick! Heard you’re leaving the liberals, can you please join one nation?! We have too many smaller conservative family first nationalist “freedom” parties and your fiscal knowledge would make one nation a strong contender against the socialists and communists we have in the greens teals labor and liberals. Our country is going down the toilet and you know it and it’d be nice to see one strong party that actually has Australia’s best interest at heart. If one nation had Roberts, Canavan, Antic, Broadbent, Rennick, Babet, Nampajimpa-Price it’d be an absolute power house of common sense!

[@kurt-johnn.a.7301]

They don't just get that though... everything has GST, than they double dip on the gst when they tax our fuel, cigarettes, alcohol, parking, fishing, driving, owning land, owning a home... I think they get more than 16%

[@coreyklun5710]

Spot on. More money low income earners can bring home, the better off the economy is going to be

[@redeemedfarmer2670]

If you make 50k In todays Australia 🇦🇺 you are extremely poor, you literally are starving…..electricity $2000 a quarter, insurance car house $$3000-$5000 a year, rates $1300 a quarter, fuel $200 a week, just those expenses = $28 600.0p per year. Noi including car registration $1000, car maintenance/repairs, school fees which even in public schools are huge, books for school, house maintenance…..need I go on? Food? What food? Food has gone through the roof in Australia in the 90s you could fill a trolley util you couldn’t fit anything in it and cost $70 at Franklin, now you but 5 things and it’s $50 if your lucky…..life in Australia is very quickly becoming for the rich only….. middle class need to work morning to night (wife & husband) to bearly be able to eat the cheapest food in the shops…… Needless to even dream of buying a house 🏠……quickly turns into a nightmare 😢😢😢😢😢

[@ao9146]

Thankyou Senator

[@SuperHowie001]

We know who the Government should Tax but don’t.

[@17th_Street_Preacher]

Small tax = small gov

[@Maj-zb9bg]

Spot on !

[@andreabenicky1879]

Hear, hear! 👏🏻👏🏻👏🏻

[@George-rv3rt]

Also, the indirect tax involving our low income earners must be looked into and changed. For instance, seen this morning , the police pulled up a car to inflict the statuary booking. This car did not look to be worth more than about $1500.00 , I do not know the extent of the fine, it I would imagine it to be very close to the value of the car. The driver would have done something out of place, but going back a number of years, I having been in the same situation, got the don’t do that again or we will have your guts. Why has that changed and an immediate fine given regardless of the circumstance? These people are already on the breadline and imposing a $ 600 to$ 800 fine only makes their lives more difficult and some leeway can be given should the powers that be choose to it.

[@chrissea77]

As Kerry Packer said...."Of course i minimise my tax because as a government , you don't spend it that well that i should be donating extra !

[@turnyourbacktoit]

He also said " I employ the best accountants in the country to minimise tax"

[@geob8172]

We also pay the income tax of all public servants (federal, state & local ) because it is our taxes paying their wages. It is called Double Dipping.

[@craigpilgrim5793]

Tariffs on imported goods-let's get the manufacturing industry back from overseas. Tariffs on companies using A.I. instead of employing Australians.

[@farcanal873]

Most politicians believe low income earners don't pay any tax . Unbelievable

[@mrpotatohead9441]

Yes! Yes! Yes! Please.

[@dominicgalante9753]

Thanks Senator Rennick

[@sidmar200]

Senator Gerard Rennick is the person to Vote for .Spread his name to Voters. 😉

[@xs3282]

Exactly

[@NeverForget-NeverForgive]

Remember when we looked after our elderly and provided a liveable pension...

[@iamthatiam44444]

Pensioners are paying gst it all adds up!

[@OpinionFactChecker]

Up to $60 per fortnight gone.

[@turnyourbacktoit]

Pensioners paying for the abbo industry.

[@thelaughingprophet2275]

The government were fine allowing me to lose my career home,savings for refusing to participate in a recent medical experiment. They are also fine taxing me out of existence, now that I’m trying to rebuild my life. I get up everyday at 530am and work two jobs. I’m 55 years old and if I want to enjoy my retirement, this is what I must do. Yet the Labour Party want to tax potential gains on my super….its organised crime, nothing more. These people should be in prison.

[@silversurfer5707]

Absolutely true Senator Rennick, have also thought this my entire life, very unfair taxation system in Oz yet Australia is also the only country in the world that any one can just come in to our country and help themselves to our real estate. Foreigners are free to buy our real estate, FUBelievable or simply treason through and through in Oz.

[@elenawalker3746]

That's just ONE Federal level tax, then you are taxed again with GST for purchases, then the double dipping for fuel (GST, excise), then add STATE and Council charges, levies, fees, licences, the whole system needs a overhaul. Licences - when a government takes away your right to do something and sells it back to you.

[@timothyporter8780]

ty gerard

[@tuijapeltonen8075]

Senator, you just described my son's situation. Thank you for understanding low income earners with HECS etc. 40,000 should be tax free.

[@NeverForget-NeverForgive]

I remember being told that once the gst was introduced income tax would be negligible or non existent...🤔

[@imarealtoy]

i think all pollys need to pay cut :/

[@michaeljohnson3256]

Well said

[@RosseyTunks]

First 50k zero taxes only Medicare ,

[@Martha56100]

If we didn't "borrow" our currency from the privately owned Central Banking Cartel we wouldn't need income tax to repay this debt. We also need to keep governments honest by not borrowing & spending the money unproductively; and finally, we need much smaller government - all they need to do is create a fertile environment to allow prosperity to flow for all. Politics of envy & trying to create equality of outcomes does not work.

[@teddrewflack400]

No mention of the GST? Repeal the GST .

[@davemclean3899]

Governments do not spend the taxs they receive wisely enough. If you cut out the wasteage taxs could be reduceed significantly. Would love to see some sort of performance based salaries for politicians where a moderate salary would be boosted with bonuses should their portfolio perform well. Politicians wages increase s should be linked to the minimum wage and pension.

[@HumbugShow]

Keep it up. People are noticing.

[@antonyschwarz8749]

bless this man always in Lord Jesus name xxx Sydney Australia Halleluyah protect guide him and his family at all times !!!

[@damondavies8708]

It is just amazing Aussies allow this

[@raymondphillips3102]

Try pensioners living on less and have worked bloody hard all their lives only to be going backwards at a great rate

[@Thisisnolongerajoke]

WW1 was organised too set up a taxation system

[@1darryloflife]

All of the mining companies should be taxed at the highest rate and income tax abolished .

[@leluchichee5716]

Hear hear

[@MRxr400]

Then, you need fuel for your car, how much tax on fuel? then you need food etc etc. the take home amount has very little value and the government just take it from you every which way you turn.

[@stevemann16]

End the woke nonsense as well!! We are all suffering thanks to politicians playing the good guy with woke movements. We need real leaders.

[@Lirree88]

👏🏼👏🏼And also paying gst of course

[@harleymorrison-q4w]

Super claimed under hardship is taxed also. Could we look into this?

[@turnyourbacktoit]

Super deposited was untaxed. Sooo, when people with millions s hedged into super start cashing in... Sure you can work out the rest. 😉😉😉

[@harleymorrison-q4w]

@@turnyourbacktoit I'm referring to super claimed under hardship

[@alfraromaeo5308]

He's good at his job.

[@miyutakahada5691]

And that's an understatement.

[@TheCzsp01creep]

Another issue I have with the tax system is why has the Medicare threshold not increased over the years. Incomes nay have increased, but inflation has increased by a larger percentage, cost of living has increased exponentially, interest rates have been increased again and again but the government has left the threshold fixed and hasn't adjusted it upward for the last 10 years.

[@_hold_the_line_]

We have people in government who don't care for the average Australian. And they stay in power because they game the system. Hopefully someone will stop this madness by restricting what politicians can do with taxpayer money.

[@SamWolfandCo.fossickandfind]

When I was working a Victorian car manufacturer Saturday overtime was a no go for most of the people on the production line as you were heavily taxed so not much motivation to work for just over half of what actually earnt. Moving forward a few years working in Queensland our overtime was taxed almost or over 40 cents in the dollar depending on how many hours you worked not much of an incentive and then the company was also paying you on an average so two(2) days of work was going into the company's pocket not yours which you never got paid for and pay rises as per the work and skill level was not recognised even though you were equal to a certified person doing the same work and this still goes on to this day. But 16 cents in the dollar! Really where is that?? Not where I worked or too many other work places for that matter.

[@dansmith9724]

Income tax doesnt bother most politicians because they dont have a cost of living when they get allowances for everything, personal drivers etc etc. The only time they might actually spend their income is when they buy themselves toys like boats, jetskis, or a few more rental properties.

[@jameswillis8969]

Shouldn’t tax rates be indexed to inflation?

[@davewells6935]

Spot on champ

[@ColectiveConsciousness1111]

... Australia isn't owned by Australian's but USA who are bleeding Australian's into homelessness & hungry. So l stopped. Research to find out how.