Yes, there is an extra tax, Stephen.
The new law explicitly describes a “rate of extra income tax” for some capital gains 👇
Your ignorance of this suggests you are cheering on from a position of ideology, rather than careful consideration of the new law.
This is the direct link to possibly the world’s best ever podcast discussing the world’s highest and worst ever CGT, became law in Australia yesterday: an economic nuclear bomb. Watch and learn the horror!
https://t.co/0GCmGCLptY
Australia’s Prime Minister Albanese held contempt against an entire country today.
A simple question: Name any country with a higher Capital Gains Tax
Answer: 😴
Protection racket from the Speaker.
Is this your PM?
Yesterday Treasurer @JEChalmers chose to target critics of his destructive CGT changes, on Australian businesses, from Coward’s Castle instead of defending the policy. He claimed parties vote the way “Gina Rinehart and Geoff Wilson” tell them to.
This is deflection, not debate. I will benefit commercially from his insane new CGT and am still opposing it because it will bring significant harm to Australian businesses, entrepreneurs, workers and productivity.
I challenge @JEChalmers to a public debate outside Parliament.
Personal attacks don’t create jobs. Good policy does.
#auspol #AussieDreamKiller #AspirationTax
𝗙𝗜𝗥𝗘 𝗧𝗛𝗘 𝗟𝗜𝗔𝗥 𝗧𝗩 𝗖𝗢𝗠𝗠𝗘𝗥𝗖𝗜𝗔𝗟
Here's a first look at the Fire the Liar TV commercial One Nation will run during State of Origin this Wednesday night.
We've been able to do this because of you and your donations.
Help us Fire the Liar.
https://t.co/nylzXyOqmP
#OneNation #PaulineHanson #AnthonyAlbanese #Albo #PrimeMinister
It’s been years since a concerted group of business, small businesses and startup founders have come together with the concerns for Australians on the CGT changes in the budget with @GeoffWilsonWAM@chrisbrycki@afairgo_aus
We’re making a noise in the room next door to the @AuSenate inquiry into Treasury Laws Amendment bill. #budget2026
Big thanks to @PhillipCoorey, @MatthewCranston and the free press for putting real pressure on the @AustralianLabor Senate and exposing the initial whitewash attempt on the CGT inquiry. Invitation landed at my personal (which is strange) email address this morning at 11.21 am. Lets hope the other high quality submitters have also been invited @chrisbrycki@DerekFranc90653@sterndavidi@HIA_au@FinServCouncil etc etc. Let’s hope some sanity is returning and they’re now open to hearing from actual investors and capital managers. Still a rushed farce. Anyway I’ll be there Tuesday making the case against this attack on aspiration, startups & productively. We must stop the insane CGT on Australian businesses!
#AxeTheCGTHike
Good news all. Karl Steph quite liked me, and wants me to have another go next Tuesday! So if i'm not appearing before the Senate on CGT that day, i'll get a 2nd shot. Feel free to send through any logical greivances and i'll try and weild them into the message!
That was the further complaint i just put in with the ACCC. I would encourage as many as possible who are affected by the change to complain to the ACCC. It is easy to do, takes 5 minutes max. Put your complaint in here: https://t.co/ZzEsS7kLqx
If you don’t know about John Quincy Adams, the end is a God moment if I’ve ever heard one.
Our 6th president fought to abolish slavery & didn’t win, but guess who was in Congress at the same time? A young Abraham Lincoln, our 16th President who…
Enjoy!