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#auspol #Chinmath #FlatTaxFreeRates Update: I have here *my* brutally honest, &, DEflationary new pay scales for all Welfare/Pensions (but Youth Allowance. I'll let Jim work that one out. I've missed enough playtime myself! I processed the following numbers every which way though, all night). These numbers are basically for @ Jim to work with/implement in full. Or maybe Barnaby if he's sober. Possibly even Angus too, bcos his otherwise 'bracket creep' scam thing is pretty sham-ful. If not totally one. For whatever it's worth, I'll make it known that this will have to be the last time I ever attempt to recalibrate Social Security, bcos it's literally Australia's last chance to. I 'might' whine or tinker in future (IF I had to), but NOTHING as of __today__..beats _this_ post in regards to it all. Just a fact. I confidently permit @ #TheAusInst to at a minimum.. __verify__ my own claims made & or numbers. Firstly, everything previous here in the Quote still stands. The principles & revamped structures. I have however had to scrap the Base Rate starting point I had used, then start again, to create the Framework. Which is pretty dang solid. It really maths out, for ALL ppl's personal lives & circumstances (in a long term COFFER sense, that is). But I do support it. I have to. The *alternative* comparables are an unthinkable horror show. Which I have 'seen' before. So I know what I'm talking about. I've coined this the brutally honest #NewAustralia #SocialSecurity System. On the upside, there are many inherent reforms that have been inspired by #UBI. More Officially, it's principally patented as the '30, 60, 90-60' Payment Scale. If I was 'selling' this Reform, which I'm technically not, I'd say "It drives Equity through Fairness, rather than equity for perceived equity's sake." A mouthful, ..& yeah, already not an easy sell. I've costed using the (old) base rate for Over 55s as the _new_ FLAT, tax free rate for ALL & any Jobseeker payments (as of only the date of this post, not including cpi adjustments & dependents). Then the formula as you'll see, is then applied. (I'll even leave the 'answers' blank so ppl can really understand it for themselves!) Key: "Base Rate"= JS __Jobseeker (& Austudy)__ (ages 21-59) = _$866_ flat rate pf. Not a cent more for rent. All Social Security will also be Tax Free. And __on__ the Age Pension too..ppl can work as many hours as they want NOT affecting their payments one cent. But ofc *they* can VOLUNTARILY throw some tax up automatically, if they so choose. __DSP__ = Base Rate + 30% flat __Age Pension (age 60)/Vets (Homeowners/MortgageHolders)__ = Base Rate + 60% flat (Non-Homeowners) = Base Rate + 90% flat. If anyone's curious as to how #ausgovt determined the (old/current) framework I'm afraid that'll deserve some *truth* , as well. According to my analysis of it, it was everything from upside down, & inside out! Effectually, meaningless numbers plucked out of thin air. Well, not anymore I guess! We can eliminate rorts, ..end the spinning merry-go-round of bureaucracy, ..keep Social Security well & truly off life support. And then far from the table. All I know for sure, is it's a big deal. And no offenSe whatsover to America & God Bless them, but what I've proposed is the vaccine..from us turning into there. Good luck w it #auspol #PIFD et al

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