Understand this piece of $PLSX code that @RichardHeartWin implemented and its implications on future supply and price parameters:
// Typical PulseX swap fee: 0.29%
uint256 totalFee = 29; // in basis points (0.29%)
uint256 burnShare = 6; // 21% of 0.29%
uint256 lpShare = 22; // 76% of 0.29%
Labor vastly underestimated how much the next generation is relying on stocks and crypto to get ahead. Now they lose half if they go well in that game.
Even if property falls, they are still priced out of that market and they can’t save easily due to inflation and cost of living.
Not to mention rents will now rise.
It’s a colossal failure and every left leaning person I know wants Labor out now
People aren’t prepped for what will happen next to $ETH and the down flow to #PulseChain
132,000 Ethereum
@ $8000 price point
= $1 billion buy pressure
IYKYK 👀
$ETH $HEX $PLS $PLSX $INC $PRVX
Exactly Alexandra.
Forcing a 4.75% award increase hits local retail, cafés, and services the hardest. Lacking corporate buffers, small businesses have two choices: hike consumer prices or cut casual staff hours.
You haven’t given workers a real pay rise if you’ve priced them out of a shift.
A higher minimum wage doesn't cure the cost of living crisis if it actively drives the inflation that caused the crisis in the first place.
Jason, have you run a small business? The tide that lifts all boats headline ignores the small businesses capsizing in its wake.
Forcing a 4.75% award increase hits local retail, cafés, and services the hardest. Lacking corporate buffers, small businesses have two choices: hike consumer prices or cut casual staff hours.
You haven’t given workers a real pay rise if you’ve priced them out of a shift.
A higher minimum wage doesn't cure the cost of living crisis if it actively drives the inflation that caused the crisis in the first place.
Luke, have you run a small business? The tide that lifts all boats headline ignores the small businesses capsizing in its wake.
Forcing a 4.75% award increase hits local retail, cafés, and services the hardest. Lacking corporate buffers, small businesses have two choices: hike consumer prices or cut casual staff hours.
You haven’t given workers a real pay rise if you’ve priced them out of a shift.
A higher minimum wage doesn't cure the cost of living crisis if it actively drives the inflation that caused the crisis in the first place.
Andrew, you stripped away the exact compounding tool working class Aussies use to build a deposit.
People can’t even save for a house with current inflation and cost of living.
By applying a heavy handed, blanket 30% minimum tax floor and scrapping the 50% discount across all asset classes (not just real estate), the policy actively punishes the primary wealth building tool left for Australia’s working class mate.
Keep telling yourself that.
Previously, a low income meant paying very little tax on share gains because the 50% discount slashed the taxable amount before it hit their low tax bracket.
The new 30% flat tax floor on capital gains completely uncouples investment profits from wages. A young earner who only pays 14% tax on their day-job income is forced to pay a disproportionate 30% tax on the share returns they built for their house deposit.
Peter, the general public is swinging away from your legacy media POV.
I have no problem with wealth accumulation, however people don’t want to be lectured by the guy who sold his Cremorne mansion for $23mil last year, then the Prime Minister has multiple properties worth $12mil.
They’re going to start siding with Pauline Hanson, the lady who ran a fish and chips shop who might understand the general population’s sentiment right now.
No matter the asset: Bitcoin, silver, gold, hot stock narratives; the playbook is the same because human behaviour repeats.
Buy when no one is interested, and sell when they hate you for it.
The challenge is knowing when those extremes are actually taking place and not what you think/feel they are.
If you punish success by taxing over 45% of every extra dollar someone makes, you don't get a fairer society, you just get high earners moving their capital, businesses, and tech startups overseas.
It’s not about pitying the rich, it's about keeping the talent and investment right here.