One of John McAfee's final messages to the world:
"Some of you may be living an existence of dissatisfaction... of emptiness... of longing."
"This sense of longing... is really your loss of freedom. And it is freedom for which you yearn."
"And you have none in this government. A government... which started out with the people being free and the government being our servants. It has become the government is free... and it's the people that are the servants."
"You have woken up to your reality. That is what you are feeling."
"Wake up a bit more and do something about it."
There you are Australia.
Breaking from the horses mouth.
“Age verification is a Trojan Horse for state censorship”
The owner of Social Media’s town hall himself. (The guy that’s forced to comply with the law, knows what eKaren is demanding of X)
We have been warned. #auspol
BREAKING: Sen Roberts reveals eSafety Commissar has required from December 2025, that Australians be required to ID in order to use Apple & Google Maps, giving government realtime location tracking as well as live user verification via camera for access
"Tax the rich! They can afford a wealth tax!!!"
In countries that have attempted a wealth tax, the threshold gets lower and lower every year. They bring it in under the guise of taxing the rich, and when the rich leave they tax everyone else using the same framework.
In Noway the threshold is USD$150K!
They play you for fools. Invent a tax framework but tell you it won't affect you - then lower the thresholds.
Anyone who thinks the £10m threshold will not come down to catch everyone doesn't know their history.
The wealthy who can afford the wealth tax can also afford to leave. The people who can't afford to leave but have a few assets ... "you will own nothing and be happy".
CONGRATULATIONS to PM ANTHONY ALBANESE!
BREAKING RECORDS EVERYWHERE
* Highest Immigration on record.
* Lowest amount of homes built.
* Highest rent increases on record.
* Highest electricity costs ever.
* Record number of businesses going bankrupt (June to September 2024 quarter).
* Most expensive passports in the world.
* Worst cost of living since the Great Depression (95 years ago).
* Record number of food banks operating.
* Highest record of charities going broke.
* Record spending on his and his cronies overseas travel.
* Record amount of overseas donations.
* Record wasteage for a single event - $450 Million on The Voice…….when we already have the highest number of Indigenous representatives in Parliament ever.
* Worst antisemitism ever seen in this country.
To be crystal clear - if the UK implements a wealth tax I am leaving.
It is completely unmanageable as an entrepreneur to pay tax on unrealised gains. Any entrepreneur trying to raise money on an equity valuation puts themselves and their investors in danger of a massive tax bill based on the theoretical/unrealised value of the business.
It also tips the risk-to-reward ratio of building a business in the UK out of kilter. It makes the prospect of building wealth in the UK so much worse than anywhere else.
Leaving the UK is not hard for a digital business. It will be harder to find the right house and school than to move my business abroad. If I leave, the amount of tax I pay in the UK will drop to zero. Once I move, it's unlikely I'd be back for a long time - so all future earnings, spending, employment and capital gains would be out of the UK.
If you vote for socialism don't be surprised if you get socialism.
From The Australian:
'The new super tax will hit deceased estates. In a bizarre twist, the mechanics of the tax threaten to leave those who inherit super with a double sting where unused tax credits lapse but capital gains tax obligations remain in place.
Under the government’s plan, profits, based on actual and unrealised (or paper) gains will be taxed, but losses will not be compensated. Rather, the losses can only be carried forward against future liabilities.
If the investor holding the tax credits in their super fund dies, the unused tax credits are left dormant. There will be no future profits in their super fund to set the credits against. In other words, the accumulated losses become valueless … that’s the first part of the double sting.
The second part is that the new super tax – tagged as Division 296 – is a completely new tax and runs independently of other taxes inside or outside super. Consequently, if the same investor leaves behind capital gains tax bills, they will still have to be paid in full, even if it so happens that the deceased estate is left holding a swag of tax credits relating to the super tax, they will have no relevance to other tax bills.
The new tax is due to effectively commence on July 1 with the first revenue collection commencing at the start of the next tax year on July 1, 2026 and it is to be applied on earnings on amounts in super above $3m.'
https://t.co/dVpO42oAsw via @australian
What the difference between a 25 year old Australian woman, a third generation Australia farmer and an Australian Prime Minister @AlboMP ? Watch the video below it will blow your mind!
We must stop the taxing of unrealised gains and index the cap.
https://t.co/Zw43bz2TAE
An “underdeveloped” bill that allows the government to assume control of privately owned land without consent or compensation successfully passed the South Australian upper house on Wednesday.
This legislation would allow the state government or your local council to confiscate privately owned land – without needing consent or providing compensation – if they believe the site has been vacant for too long or not sufficiently developed.
The taken over land would be used for a “public purpose” like building housing or open spaces.
Urban Development Institute of Australia (SA) CEO Liam Golding said the bill is “an affront” to the state’s legal system. “Fundamentally, the idea that the state can take private property rights without compensation or consent is an affront to everything that we have as our legal system,” he said.
“The bill is just poorly drafted … there are no checks and balances.
“It’s utterly subjective and from a legal perspective there’s nothing stopping the government from saying that a week is long enough for development to have progressed.
“There’s also no definition of what underdeveloped land means.”
Additionally, Mr Golding raised concerns over the fact that the bill doesn’t provide the land owner or developer the opportunity to appeal their case.
However, Greens MLC Robert Simms defended his bill by saying it has passed through the upper house due to the government’s in-principle support while they work though the details.
“Certainly (the bill) won’t be passed through the parliament in its current form,” he said.
“But it’s not unusual for bills to win support from the upper house and then for the government to work with the crossbench to make changes.”
At @WilsonAssetMgmt, we've launched a petition to stop the proposed taxation of unrealised capital gains.
By signing & sharing this petition, you'll help us take the issue to Canberra and stop this illogical and bad tax policy.
Please click the link 🙏 https://t.co/HkQiS68LBA
Taxing unrealised gains is “a horrible tax. It's designed badly, it breaches transparency. The fact that it can be charged on unrealised gains is just despicable. It lays a template to go after the home, any assets, it's essentially a wealth tax”https://t.co/PpJ8QVUp35