@PEInvestor1909 @ChristianPil0t @MKaylaUltra That’s how you get low quality politicians who want to be paid by private interests instead!
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@zhkhi @ChristianPil0t @MKaylaUltra People should go into government because they want to do a public service and help the country
If they want to live a certain lifestyle, they should make $ first, THEN go into politics
Politicians shouldn’t get rich off our $
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Unironically, Senators should be paid $500k - $1m/ year, but the exchange is that you are unequivocally banned from lobbying/consulting and stock trading for 15+ years
Rep. Jack Kimble@RepJackKimble
Just a friendly warning. We don’t even make $200k per year in Congress despite working nearly 140 days. If we aren’t properly compensated, a lot of us will go to the private sector and you will be left with some real idiots in Congress.
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@HJoyOz @AiPunting @ausstockchick Your eldest is wrong!
If income tax was indexed to inflation that would end all government services that people rely on. It’s just ridiculous. When periods of inflation happens, it will just accelerate inflation further.
Housing shouldn’t cost 20x average salary
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For the newbies.
I’m torn on the budget. My eldest (19) is fuming over it, it increases his tax / reduces his saving ability.
We are in the grandfather section for our property for NG however the CTG will be a big whack after 2027 because we will hit the higher bracket. I would prefer income tax be indexed to inflation / increase GST or income splitting.
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Comm bank is forecasting house prices to fall 3% in response to the government’s tax reform reports AFR.
#auspol
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@HJoyOz @AiPunting @ausstockchick You literally said home prices falling was a bad thing.
I love the budget, of course
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When did I say increasing house prices are good? I referenced houses dropping and the impact that will have on recent buyers using the scheme.
You make assumptions and try to use that assumption to add in a little insult about basic economics. Economics is not a master class, it’s a basic subject in most degrees.
I asked “do you like the budget?”
If you don’t want answer just say so instead of being a doosh,
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@HJoyOz @AiPunting @ausstockchick That is my point, genius.
If you think increasing house prices are good for young people, you can’t understand the budget, because you don’t understand basic economics
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@zhkhi @AiPunting @ausstockchick Your doing the same thing just the pro side.
Are you happy with the budget?
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@Mechamalcolm @jmhorp Socialism and communism was a byproduct of the Industrial Revolution. What a stupid argument.
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The Industrial Revolution would probably not have been approved by a public vote
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@rlarryjune @SteveStephens @jmhorp Like 3-4+ billion people today would not be alive if it wasn’t for the rapid rise in farming efficiency. But yeah definitely was a bad thing.
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@SteveStephens @jmhorp Well, they certainly killed farming jobs. Farmers are only 1% of the workforce now. You could argue that global warming from fossil fuels used by tractors is ultimately going to cause our great great grandchildren problems. GGGpappy was wise.
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@HJoyOz @AiPunting @ausstockchick Yes but they still have their home, people don’t have homes if prices go up.
Do you get how silly it is to just focus on the negativities of one thing happening that obviously has both pros and cons?
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@zhkhi @AiPunting @ausstockchick Prices go down homeowners are also hurt. Nobody wants to owe more than the value of their home.
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@HJoyOz @AiPunting @ausstockchick Prices go up = people are locked out of the housing market
Prices go down = investors are hurt, but homeowners still have a house
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Who would like having a mortgage greater than the value of the house they got the mortgage for? Especially if it was something the goverment helped talk them into.
Let’s hope they don’t use shares or other small investments to prop up their income to help service the repayments, extra taxes will impact their income.
Markets go up and down, that’s normal but I do feel for people who may end up financially worse off because of government decisions.
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@PEInvestor1909 @ChristianPil0t @MKaylaUltra Why do you think many congressmen sleep in their offices instead of renting in Washington?
Not everyone is purely motivated by money, but can be pushed that way if they feel like it’ll meaningfully increase their lifestyle.
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@zhkhi @ChristianPil0t @MKaylaUltra The rep makes $200k and spouse makes $100k+
$300k+ is enough for a family to live comfortably
The issue is they want to be rich and live rich
You could pay them $200k or $500k, if they are motivated by money, they will steal millions anyway
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Unironically, congress members should be paid 600k-800k a year
Strong financial compensation is a fundamental deterrent for corruption and alternative interests
Rep. Jack Kimble@RepJackKimble
Just a friendly warning. We don’t even make $200k per year in Congress despite working nearly 140 days. If we aren’t properly compensated, a lot of us will go to the private sector and you will be left with some real idiots in Congress.
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@PEInvestor1909 @ChristianPil0t @MKaylaUltra Yes, if you have kids/wife/etc. who rely on you to survive, you’re corrupt and grifting.
Do you think about anything for more than a second?
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@zhkhi @ChristianPil0t @MKaylaUltra If we hire people to the government who are primarily motivated by money, it won’t matter what we pay them, they will still be corrupt and grift more
As long as there is motive and opportunity, we will see corruption
Only solution is govt officials not motivated by $
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@Robx2Infinity @MKaylaUltra The right reasons = they are already rich or they are from rich families
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@zhkhi @MKaylaUltra Lmao. The margin for competence in Congress is already low. The bar is already in hell. The people that will take that job are people who want to be there for the right reasons.
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@Luke_Alans @MarlboroStrikes @TrustlessState Yeah we should bribe politicians using public money so they serve the public interest rather than private interests. How nefarious, you’re so right bro. It’s insane at every level, despite Singapore doing it and Singapore being the least corrupt countries in the world!
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@MarlboroStrikes @TrustlessState The guy is a complete moron and/or rage baiting. The guys argument is that we should let politicians take bids for corruption in a free market than counter offer that to prevent corruption. Its just insane at every level
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@AlexRigoV @Mithrandir48 @StatisticUrban Look how many Democrat candidates have signed up to ban stock trading in congress. That number would objectively be higher if they didn’t feel the need (for their family or for their post-congress lifestyle).
I can’t convince you though because you’re so brain broken
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@zhkhi @Mithrandir48 @StatisticUrban Yes influence peddling, which is currently not illegal, is definitely worth it. Specifically, or not so much, it's worth WAY more than $500k. So why would congress vote for it considering they vote for things that are unpopular and against things that are popular all the time?
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This is genuinely correct. Members of Congress should be paid something on the order of $500k/yr each, I suspect.
Rep. Jack Kimble@RepJackKimble
Just a friendly warning. We don’t even make $200k per year in Congress despite working nearly 140 days. If we aren’t properly compensated, a lot of us will go to the private sector and you will be left with some real idiots in Congress.
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@AlexRigoV @Mithrandir48 @StatisticUrban You’re just delusional.
A cop could easily make way more money if he was corrupt. If the cop wasn’t paid much, he would probably do it, but if he was paid enough, he wouldn’t do it.
Voters don’t like corruption, congressmen are elected by voters.
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@rnjesus_ @Pharaoh_Nathan @TrustlessState Do you actually think corruption wouldn’t increase if policemen were on minimum wage? That’s ridiculous. Local police are more likely to be corrupt than federal police. Same country, same rules, same laws.
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@zhkhi @Pharaoh_Nathan @TrustlessState Paying them 800k a year with no other guardrails in place will just increase their corruption 10 fold. The police aren't corrupt here because there are guard rails that prevent them that under developed countries don't have. You're retarded.
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@PEInvestor1909 @ChristianPil0t @MKaylaUltra Do you seriously think teachers quality wouldn’t decrease if you paid them less? Of course. Vice versa if you pay them more.
If you have a family to support, student debt to pay, and no rich family to fall back on. The talent pool gets smaller.
All for a 0.0001% budget saving!
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@zhkhi @ChristianPil0t @MKaylaUltra Plenty of people work for peanuts, even when they are not rich
Look at teachers and other local public servants, for example
People shouldn't go into government looking to make money -> they will be corrupt
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@rnjesus_ @Pharaoh_Nathan @TrustlessState If you have children to send to college and a lifestyle to maintain after you leave congress. Getting paid less money gives you more of a reason to be corrupt.
Even if you are morally opposed to it, if you were paid close to nothing, you would do it, welcome to reality
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