Project Victoria

Project Victoria
A new way for Victoria: community-focused, efficient, accountable.
Under construction

[Project Victoria @ProjVictoria]

Victoria is the perfect size to run itself.

Why are we sending money to Canberra, getting less back, and pretending like we need a big federal government?

Let’s change it.

#auspol #springst

[Project Victoria @ProjVictoria]

@RFC_Centre The trade is whatever beats the next best offer if he’ll do the deal. He’s not worth 3 firsts if no one else is bidding in circumstances where he can walk. Even if he says he wants to do right by port, ultimately he’ll go to whichever club he wants.

[Project Victoria @ProjVictoria]

@MattGLilley It’s not actually non-sense - gobbledygook maybe - the flip-side of what they’re saying is that income tax brackets should be indexed.

[Project Victoria @ProjVictoria]

@keithmarlowau That is orthodox Treasury doctrine 101 and Chalmers is the closest follower of it that we’ve had in a long time. Speak to any sample of 10 Tsy officials you like and you’ll find at least 7/3 in favour of taxing unrealised gains

[Project Victoria @ProjVictoria]

@DrCameronMurray @Crashman_X The problem is it’s not a little. How much can labour be taxed - and I don’t just mean income tax - and property - and I don’t just mean cgt - by how many levels of gov?

We might as well just have a low rate transaction tax.

[Project Victoria @ProjVictoria]

@MarkWal06578936 @rationalaussie Losing your specific job and being put out of work are 2 different things. If you’re really committed to making things better your goal with your job - especially in bureaucracies - should be make your role redundant.

[Project Victoria @ProjVictoria]

@JaneCaro But somethings you can do cheaper yourself or pay someone less than the gov charges. There is a lot of overhead on gov services. Go sit on a floor of any large department or agency and observe and run some back of the envelope numbers on morning teas etc

[Project Victoria @ProjVictoria]

@TaxPawspective What is actually funny is I typed that line re the castle without properly looking at your meme!!

[Project Victoria @ProjVictoria]

@TaxPawspective Yes! That stuff is literal bullshit. If ever they did analysis or modelling that showed these things, they’d release it. Every budget “glossy” and tsr’s speech makes these sorts of claims - it’s all just the Castle type vibe that they try to sell.

[Project Victoria @ProjVictoria]

@JT3228440527570 What’s actually crazy is that even with these powers the ATO still needs more funding / staff and no gov ever tells them to get the job done within their actual budget.

[Project Victoria @ProjVictoria]

@mormorlady They never did. How do you feel about paying tax on gross wages / fees / revenue, no deductions for expenses?

[Project Victoria @ProjVictoria]

@David_McMahon75 Also many ppl are already pos geared.

[Project Victoria @ProjVictoria]

@David_McMahon75 Well tax was never going to “fix” property because it’s never been the cause. Ng has been available for over a century. It’s just ordinary tax rules. What really drives prop is psych - bricks and mortar= safe for a lot of ppl.

[Project Victoria @ProjVictoria]

@David_McMahon75 So super is more attractive which is mainly asx, and by restricting ng on property, shares are the only main investment class that you can gear. To be clear - I think aligning taxation of asset classes, cap/income is right. Rates are the main issue.

[Project Victoria @ProjVictoria]

@David_McMahon75 Losses should be adjusted. But you need to factor in new distortions that favour shares - can ng and super incentives now stronger.

[Project Victoria @ProjVictoria]

@LNPvoterfail @DrCraigEmerson Why should who what?

[Project Victoria @ProjVictoria]

@LNPvoterfail @DrCraigEmerson Strange how they didn’t set up a super compliance agency, handed the compliance work to the ATO, and put a stack of rules in tax acts 🤔

[Project Victoria @ProjVictoria]

@DavidLeyonhjelm 15 years ago he was writing the same piece every week.

[Project Victoria @ProjVictoria]

@RohdeAli So far: makes the work better, not quicker.