Adam

Father of three boys and a girl, husband and all round good guy

[Adam @Chip_Prospect]

@SkyNewsAust Australia doesn’t have an intergenerational equity crisis it has a wealth generation CRISIS across all generations - caused solely by high taxes, high regulation and high government spending! #auspol

[Adam @Chip_Prospect]

@JacintaAllanMP You are not doing anything - at least acknowledge the poor suffering Victorian taxpayers

[Adam @Chip_Prospect]

@tomdflynn You mean well done Victorian tax payers

[PaulieC @pauliec80859931]

The economy is in strife & your budget/CGT changes is another nail in the economy’s coffin @JEChalmers @AlboMP

[Robin Dods @toy59496]

CGT : Submissions to Senate Enquiry

Submissions that have been made public can be found here

https://t.co/DuNQJgIeCw

I found the one by Prof David Stern of ANU interesting in that he had to explain the basics of reinvesting earnings to grow the capital of a business which effectively means you are getting taxed twice if you then get no capital gain discount.

I found myself in sympathy with Prof Stern as it's like explaining the basics of 1 + 1 = 2 to a group of morons. I mean goodness me, why do they not see the self-evident?

Clearly basic economics should be mandatory at school.

The AFR discussed a couple of other submissions, viz

https://t.co/WDTyhJHUIw

I expect a larger number of additional submissions will appear tomorrow on the website as I have certainly made one and do not see it on the register.

[Adam @Chip_Prospect]

@TonySheldonNSW Labor’s record is just lies and bribes - how could any Australian believe a thing a Labor politician says. It’s all lies!!

[Adam @Chip_Prospect]

@Jeff4theclimate https://t.co/pjfH0yqNrP

[Adam @Chip_Prospect]

@Geo64season https://t.co/uvNa8wSIZo

[Adam @Chip_Prospect]

@Ben_Davison1 The level of economic gymnastics required to achieve the position of let’s make something cheaper by taxing it more is truely amazing.

[Adam @Chip_Prospect]

@MFWitches https://t.co/CI6q3aVyE5

[Adam @Chip_Prospect]

@AlboMP https://t.co/uvNa8wSIZo

[Adam @Chip_Prospect]

@Ben_Davison1 And Labor just introduced taxes that disproportionately attack young, low and middle class and grandfather the rich. Labor are a disgrace! Everyone gets whacked by the Labor tax!

[Adam @Chip_Prospect]

@TheKouk Imagine how much it would grow without capital gains tax!!

[Dekka @DerekFranc90653]

Australia's current CGT rate is high by international standards. To be globally competitive: we need to lower the CGT rate; and NOT INCREASE CGT to 147% above the international average!
Say NO to the biggest tax increase this century in Australia.
Please retweet this message.

[Geoff Wilson @GeoffWilsonWAM]

Spot on. Labor’s CGT changes are economic self-harm.
This isn’t ‘fairness’ — it’s a direct assault on aspiration, startups, retirees, and productive investment in businesses. Australia already sits in the high side for CGT. Pushing effective rates higher makes us uncompetitive and kills the very capital formation we need for growth.
Say NO to the biggest anti-investment tax grab this century. Grandfather existing assets and incentivise new productive capital instead.

[Prue MacSween @macsween_prue]

The truth hurts but weak people prefer to bask in lies

[Adam @Chip_Prospect]

@BConn39 More Labor lies, it’s the only thing Labor has!!!

[Adam @Chip_Prospect]

@Richard01357064 @GeoffWilsonWAM You forgot the gst on the land component

[Adam @Chip_Prospect]

@Sauronlordking https://t.co/pjfH0yqNrP

[Adam @Chip_Prospect]

@Geo64season https://t.co/uvNa8wSIZo

[Adam @Chip_Prospect]

@GregMarSci Labor are the ones that are smashing workers, young people, low and middle class with the worlds highest capital gains tax and trust taxes. These don’t affect billionaires!!

[Adam @Chip_Prospect]

@L_AWalker Problem with the Labor is that they have no good policies

[Adam @Chip_Prospect]

@RoenDavis No one can keep up with Labor lies, Labor taxes and inflation he level of labor’s economic incompetence

[Adam @Chip_Prospect]

@QuentinDempster The politics didn’t change, Australians were lied to and tricked. If the politics have changed go to an election now and get the mandate!!! Labor won’t, because the politics probably haven’t changed!!