@AlboMP It should be mandatory that you CAN NOT be a politician unless you have personally ran a small business successfully & understand the pressures we face to stay afloat. Do you pricks meet monthly to come up with new ideas to destroy small biz? it sure seems like it at this point
@Ruycorto@gumroad Hi Rui, just joined the discord however when I go to authorise gumroad it loads for a sec and then goes blank, could you please take a look for me when your free π
I did not realise they were taxing gross rather than net gains⦠AFR: Investors with diversified share portfolios making a mix of gains and losses compared to inflation could face tax rates of more than 100 per cent on real gains, due to the Albanese government not compensating investors for underperforming stocks.
A former senior Treasury tax official and a hedge fund manager both warned that people with a diversified portfolio of shares could face tax rates 50 per cent higher than Treasury calculatedβ¦ Chalmersβ office and Treasury were contacted for comment on Thursday about whether real losses would be indexed to inflation.
Under another example, an investor buys shares in Coles and Woolworths, with one outperforming inflation and the other underperforming inflation.
The overall real return is zero after inflation, but the investor would pay tax on the winning stock.
If an investor instead bought an ETF of supermarkets with the same overall result, they would pay no tax.
https://t.co/4bfhPDychb
@AngusTaylorMP@Sauronlordking Jezzus! If you can keep up this strong opposition up to Alboβs destruction I may vote for you next election -after your last 6 years that was something I swore Iβd never do again.
@JEChalmers Seriously!?! Thats not even $5 a week and you scumbags with your reckless spending driving inflation higher & higher think that this is some sort of government gift and want a pat on the back ,GFYπ