Pacifica

Health Freedom.

[That Catholic Girl 🇦🇺 @KittieLee33]

Indians contribute $5.8B p/a in taxes to the Australian economy and send $10.56B p/a to India in remittances. Tell me again how they are helping this nation?

[Pacifica @PacificArtemis]

https://t.co/A9cY3QwM7u

[Pacifica @PacificArtemis]

Implement a non-lethal management plan for Neil the elephant seal - Sign the Petition! https://t.co/OaBuIdf6iA via @ChangeAUS

[Pacifica @PacificArtemis]

@craigkellyAFEE What will it take for Labor-voting public servants and welfare recipients to vote against the status quo when their own income depends on the excessive government spending that is the cause of Australia's economic collapse?

[Craig Kelly:🇦🇺Foundation for Economic Education @craigkellyAFEE]

You cannot divide a pie, if there is no incentive for anyone to bake one.

[Pacifica @PacificArtemis]

@Investanswers 💟

[mitchellbeer @beermitchell]

Sad to hear one of the most admired Snowy Mountain Brumbies "Matagi" was killed today.
NSW government stated they are required to
"protect fragile alpine ecosystems"
Unless of corse it's renewable energy.

Disgraceful.

[A Midwestern Doctor @MidwesternDoc]

In 2017, a "non-profit" started receiving millions from Pharma to hire real and fake doctors to harass, censor and revoke the licenses of anyone who challenged a "public health" narrative.

This censorship machine was then deployed for COVID.
https://t.co/VOz24JBEXv

[Pacifica @PacificArtemis]

@Ausbobsmit

[Richard Davies @Richard01357064]

Speaking of people having no idea what they're talking about...

Gerard, you've correctly argued for lower taxes overall, but you've fundamentally misunderstood why capital gains have traditionally been taxed differently.

Capital is not labour.

Capital is deferred consumption.

Every dollar invested first had to be:

💰 Earned.
💰 Subject to income tax.
💰 Saved instead of spent.
💰 Put at risk.
That is a profoundly different economic activity from earning a wage.
Milton Friedman observed that economic growth depends on capital accumulation. Friedrich Hayek explained that savings finance the investment that raises productivity. Ludwig von Mises argued that capital formation is the foundation of rising real wages.
Tax capital more heavily and you get...

📉 Less investment.
📉 Less productivity.
📉 Lower wages.
📉 Slower economic growth.

Workers don't benefit from a shortage of capital.

They suffer from it.

You also ignore the biggest injustice.
Capital gains are measured in nominal dollars.
If inflation is 25% over a holding period and an asset rises 25%, the owner has made no real gain whatsoever.
Yet government taxes that inflationary increase as if it were genuine income.

That isn't fairness.

It's confiscation.

You also describe capital gains as a "second income."

No.

Rental income is income.

Capital gains are an increase in the value of an asset realised only if it is sold—and they frequently reflect years of retained earnings, productivity improvements, inflation and changing market conditions.

They are economically different.

Finally, the idea that taxing capital harder somehow helps workers is contradicted by centuries of economic history.

Workers become more productive when they have better:

🏭 factories
🤖 machinery
💻 technology
🏗️ infrastructure
💼 businesses

All of these require investment.

Adam Smith himself wrote that "the annual produce of the land and labour" depends upon the stock of capital accumulated.

No capital.

No productivity.

No productivity.

No rising real wages.
The objective should not be to equalise the taxation of labour and capital.
The objective should be to maximise prosperity for everyone.
That means:
✅ Lower taxes on work.
✅ Lower taxes on saving.
✅ Lower taxes on investment.
✅ Lower taxes on entrepreneurship.

Australia doesn't need class warfare between labour and capital.

Labour and capital are partners.

One without the other creates neither prosperity nor rising living standards.

[CAMILLE PAGLIA STAN ✨ FAN ACCOUNT @Provokatov]

In Australia, if you have a conversation with someone who criticises Islam, you get fired from your six-figure-a-year job.

But if you openly call for the death of Jews, you get a taxpayer-funded podcast on Spotify.

[Pacifica @PacificArtemis]

@NMoonitz The left embraces Islam to advance socialism. Islam embraces the left to advance Islam.

[Pacifica @PacificArtemis]

@BaronBurleigh2 @PaulineHansonOz Seems Section 55 of Constitution stops governments bundling multiple tax changes into one giant bill. To reform CGT, trusts, negative gearing and exemptions, Labor split the package into separate bills: one imposes the tax, the other sets the rules, exemptions and concessions.

[Pacifica @PacificArtemis]

@JEChalmers https://t.co/QJfNKUAmqP

[Dekka @DerekFranc90653]

We have the highest tax rate on real capital gains in the world under the new CGT. This new world’s worst CGT tax is a national disgrace. Please retweet widely.
https://t.co/Tbzzkv9EET

[Pacifica @PacificArtemis]

@ClareONeilMP https://t.co/QJfNKUAmqP

[Dekka @DerekFranc90653]

We have the highest tax rate on real capital gains in the world under the new CGT. This new world’s worst CGT tax is a national disgrace. Please retweet widely.
https://t.co/Tbzzkv9EET

[Dekka @DerekFranc90653]

We have the highest tax rate on real capital gains in the world under the new CGT. This new world’s worst CGT tax is a national disgrace. Please retweet widely.
https://t.co/Tbzzkv9EET

[Dekka @DerekFranc90653]

So to 9 million Australians who own shares directly, and the over 50% of 25-34 year olds that own shares or crypto; your new CGT tax rate is > 50%, the highest in the world, over 140% above the international average, and no amount of dishonest piss & spin from Jim changes that.

[A Midwestern Doctor @MidwesternDoc]

Jackson's spinal recovery stunned news stations & millions online. Doctors said he'd never walk, breathe, or move again.

His mom's secret? DMSO—a simple compound vets use on spine injuries the FDA won't approve

But that's not the only "incurable" neurological disorder it helps.

Approximately 2000 studies support DMSO's use for conditions ranging from Alzheimer's and Parkinson's to strokes, MS, ALS, chronic pain, neuropathy, depression, epilepsy, and Down syndrome, and a physician who began treating his patients with it estimates roughly 80% of what people see neurologists for goes away with DMSO.🧵

[Pacifica @PacificArtemis]

@AlexBarnesViews And she has the brilliant @MRobertsQLD doing outstanding work in Senate Estimates

[Pacifica @PacificArtemis]

@OMGTheMess a giant sigh of relief 😂