Ramp taxes on legal tobacco to the highest level globally and the market collapses and replaced by organised crime. Nek minnit ramp taxes on business and investment to the highest level globally. I wonder what the outcome will be?
@Alonzo_CTHG So his video is supposed to be about buying a family home and then he uses the example of an investor buying an investment property to negative gear?? Removing negative gearing on property is the only good thing about the tax changes!
@99Proble I've called them to complain previously. They reckon ASIC doesn't want them allowing trades more than X% away from last traded price. Which is bullshit because every other broker is allowing their clients to trade at the open price.
@ShitValueFund Won’t small cap funds (which are run as unit trusts) just distribute the same tax problems to investors as if the investor was running the portfolio themselves? I think this is a disaster for small cap funds whose clients will redeem after their first tax bill.
Taking a train to origin. Train has stopped for urgent track repairs. No idea when it will start again. Perfect. Almost certain to not make it to the game.
Singapore has no CGT. It was poorer than Australia per capita and now it is almost twice as rich. They didn't do it by taxing everyone harder. Jim Chalmers and Albo take note.