If you buy shares and sell for a profit, you pay 30% tax
If a Union Super fund buys shares and sell for a profit, they pay 10% tax.
See where this is going ?
Did you know the Auckland Council has a $171 million Māori Outcomes Fund? Wayne Brown increased their funding by $21 million in 2024. Our money has been extorted, misused and wasted - again. Thanks to the Taxpayers Union for this shocking revelation.
Last chance. Submissions close TOMORROW NIGHT.
We must stop this CGT insanity.
This is economic vandalism. A direct attack on aspiration, entrepreneurship, productive risk-taking and the investors who build businesses and grow the economy.
Wilson Asset Management is lodging our formal submission tomorrow.
Your voice still counts. Speak up TODAY.
👉 Submit here: https://t.co/st8ZVVDgpq
👉 Sign petition: https://t.co/9d6NhPtrLy
You cannot tax capital out of Australia and expect it to stay and produce returns.
The war on aspiration must stop.
#CGT #CapitalGainsTax #Aspiration #AustralianEconomy
Albanese pocketed millions offloading a $5M property portfolio using the 50% CGT discount. Then he bought a $4.3M Copacabana beach house to negative gear at $1,600 a week.
Once his own multi-millionaire wealth was entirely secure, he changed the tax laws for everyone else, conveniently grandfathering his own assets.
He looked Australians in the eye and lied.
He protects his own pockets while locking you out of the market.
Boot him out at the next election.
Good morning 🐨🐨
An Indian government-owned renewable energy company has been guaranteed a quarter of a billion dollars, despite it having no connection to Australia or businesses here.🤬🤬🤬🤬
#Auspol
Jim Chalmers does not have any kind of degree in accounting or finance? And he’s doing our budget as the treasurer of our country 🤦♀️
Press ❤️ if you had enough
@EarlFargofbu2a Right at the top of the market, then it will crash, where's all these bright ideas at the bottom of the market?? Strategic diesel reserve at peak diesel prices!! Spuds!!
🚨 CONSTITUTIONAL SCANDAL EXPOSED 🚨
Albanese’s tax legislation is a flagrant, deliberate breach of Section 55 of the Australian Constitution.
It mandates that any tax law deal with ONE subject of taxation only. Labor has arrogantly bundled multiple tax grabs together, a cynical act of “tacking” designed to ram through their agenda and neuter Senate scrutiny. All whilst trying to bribe taxpayers to turn a blind eye with a $0.68/day reduction.
Shadow Treasurer Tim Wilson confirmed it. Any senators that support the legislation, are breaching our constitution.
Labor’s response? Dismissive disregard for the rule of law.
This isn’t incompetence. This is contempt for our Constitution and every Australian taxpayer.
Senate: REJECT this rogue bill in its entirety.
BLOCK SUPPLY until this arrogant government is forced to respect the foundational document of our nation.
No more games. No more fleece jobs.
Rule of law or bust. The Albanese Labor Government is off the rails.
#ConstitutionalCrisis #BlockTheBill #AusLobby @Greens@The_Nationals@LiberalAus@OneNationAus
When I talk about Māori issues, I’m talking about my culture.
And I’m sick of politicians and activists constantly talking about Māori like we are victims who can’t stand on our own two feet.
Te Pāti Māori, Marama, Chlöe, and even Chris Hipkins, who acts like the great white hope for Māori, keep talking down to us like we’re inferior.
We are not inferior.
Māori are strong..Māori are capable.
And Māori do not need to be treated like permanent victims to succeed.
I don’t need these people telling me how I should think or vote as Māori.
And I’m definitely not going to sit here and be called racist by the so-called great white hope just because I choose to vote centre-right, whether that’s National, ACT, or New Zealand First.
That’s democracy.
Let's think big again
Me rongo.
Billy Brown
Jacinta Allan’s government rushed in new donation laws in the early hours of this morning,
Restricting political party donations for every political party to stop “outside influence”
But, guess who is exempt from these new laws?
The unions.
They are fucking corrupt as hell.
Clare O'Neil offloaded her investment property. Many in Labor offloaded their investment properties, right before Albanese crashed the market.
Clare sold her investment property for $1.375 million. Property records show that property is now worth $987,000