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Buy now, pay later

Discussion in 'The Economy' started by AsxBroker, 29th Apr, 2009.

  1. AsxBroker

    AsxBroker Well-Known Member

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    Not that any of this is new to any of us that read InvestEd...

    Peter Costello
     
    Last edited by a moderator: 29th Apr, 2009
  2. Billv

    Billv Getting there

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    Dan

    Peter Costello has always made a lot of sense to me and pity he's decided against running for the leadership of his party.

    cheers
     
  3. Rob G.

    Rob G. Well-Known Member

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    Ever get the feeling we've unleashed a monster ?

    The only antidote is to take that money and pay down personal debt to increase you ability to meet the future tax burden.

    Ironically, that tax burden will not be shouldered equally either.

    Given that taxes stifle economic growth as well, I find it difficult to see any logic here.

    Cheers,

    Rob
     
  4. Billv

    Billv Getting there

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    Rob

    I am sure of it and this comes from someone who's family has been stimulated twice and we'll probably be stimulated for the 3rd time soon with that $900 every tax payer gets. :eek: :confused: :D

    I hope they don't ask for the money back because we've either spent it or we've put it to good use :D
     
  5. AsxBroker

    AsxBroker Well-Known Member

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    Don't worry BV it'll come out as taxes in the May budget!!!

    Watchout :eek:
     
  6. Billv

    Billv Getting there

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    I know.....
    However, if they increase the tax brackets the pollies will get hit as well
    but hold on, they are looking after themselves.
    The latest pay increase will compensate them for any tax increase.

    Federal MPs score a pay rise - news - LIVENEWS.com.au