Family Tax Benefit B to be scrapped?

[Livinthedream]

Make no mistake, the baby boomers will be laughing all the way to their graves while the rest of us continue to pay for their wealth decades after they are gone.

Yeah, it really ****s me when I hear about my 60 year old relatives whinge about how they have "earned" thier pensions and how unfair it is that CL are still insisting they go on new start or what ever after they have quit their jobs.

Assuming they will live till the are 80 or 90 and didn't start paying tax until they were 20, they will have spent 1/2 their lives living off the government in one way or another.

A generation of people with entitlement mentality.

[Miss.September]

Yeah, it really ****s me when I hear about my 60 year old relatives whinge about how they have "earned" thier pensions and how unfair it is that CL are still insisting they go on new start or what ever after they have quit their jobs.

Assuming they will live till the are 80 or 90 and didn't start paying tax until they were 20, they will have spent 1/2 their lives living off the government in one way or another.

A generation of people with entitlement mentality.

Hmmm, not all of them have done wrong. That's a pretty big generalisation. I've watched my step dad work his butt off. He started at 14 and has only just stopped work now at 60. The last two years he worked through a severe back injury. (He has now been told that to operate to repair it will render him a paraplegic). He saved as much as he could. We received no govt handouts as we were growing up as the govt didn't acknowledge that he was sending 1/3 of his income on child support for his children and my mum received pittance from my dad. He lost everything when he spilt from his first wife (he left her with everything) and worked constantly to build it all back up. His day without a word of a lie, started at 2am and he'd get home around 4pm. He did that for around 15 years before he changed his business. Still long hours. He did it for years. Started talking about retirement and then the GFC hit and he lost a truckload of super, only to be taxed hard as he tried to build it back up again if he went over the threshold. And he did all this to try and avoid living off the govt but they screwed him all the way.

So there are people in the older generation doing the right thing and it seems over the years the govt has made a ****load of money off them.

Quite frankly, and this will probably be unpopular, he's bloody earned a hand from the govt!

We already pay $50-$60 per visit at the GP. The kids are bulk billed. The FTB is where we'll feel it the most, but I'll wait and see what actually happens. I wish all the "advice " and speculation would just stay in house, it worries too many people. Just bring the official budget out already!

[Livinthedream]

20 - 30 years of a $400 per week paycheque from the government Vs 40 years of working and paying tax.
Seems that it would be unlikely that you would have paid that much in tax in your working life.
Add in all your public medical costs and and you have just cost the public purse waaay more than you will ever put in.
It's not their fault, the system told these people it could sustain them.
It just bugs me that we will in all likely hood bear the brunt of keeping our kids and our parents.

I