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Latest page update: made by ozideas
, Feb 28 2008, 4:31 PM EST
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| Started By | Thread Subject | Replies | Last Post | ||
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| Anonymous | Stop Taxing Interest Earned (page: 1 2 3) | 48 | Jul 6 2008, 9:57 PM EDT by trgh | ||
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Thread started: Mar 5 2008, 12:56 AM EST
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The government shouldn't have it both ways: they tax you on interest earned, but you don't get a deduction for interest paid on your mortgage. We should get one or the other if they are to be consistent. Another user suggested deductions for interest on mortgage repayments, which I would support as a second option, but I think it's better to simply not tax interest earned (this would reward saving, rather than debt)
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| Anonymous | BANKING | 1 | Jul 4 2008, 12:33 AM EDT by trgh | ||
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Thread started: Jul 3 2008, 11:41 AM EDT
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Banks govern us, this is a sad but real fact. They control our economy, they dictate our monetray policy, we are indebted to them via personal loans and our resulting share of the National Debt $600 BILLION. Australia does not print/issue its own money, Note Printing Company of Australia which is a wholey owned subsiduary of the Reserve Bank of Australia prints money out of 'thin air' then loans it to us (our government) with interest. The Reserve Bank of Australia is a privately owned company. So the first course of action is clearly to comply with our Constitutional Rights and issue our own money 'interest free'. Why on earth would one want to be paying interest when they have every right and more-so rights than any other to print and issue their own nations money. If we did this we would not ever have a National Debt and in fact be in surplus.
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| Anonymous | Stop massive bank profits | 4 | Apr 17 2008, 8:56 PM EDT by trgh | ||
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Thread started: Mar 7 2008, 9:24 AM EST
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Bank profits are too high. They should only be allowed to make very small profits that don't offend poor people. Every friday the banks should have to give all their customers some money for free. It would help people pay for all those bank fees and for the GST on food.
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