The Government @AlboMP & @JEChalmers needs to wake up. Please retweet. Not a single finance academic at a recent academic business conference supports the #CGT changes. EVERYONE there hates them.
Wake up Australia
Spot on Derek
The PBO is right to call out the dodgy modelling in @AlboMP & @JEChalmers ‘s Budget. Australia now has one of the world’s highest effective capital gains tax rates at up to 60%+ pure economic vandalism that punishes aspiration, investment and entrepreneurship.
We must reverse the insane new #CGT before it does permanent damage to our economy.
#AbolishTheCGTTaxHike
The results are in: Even the OECD now admits that Australian living standards are going backwards under the Albanese regime.
Remember: Vote Labor if you want more of the same — lies, spin, virtue-signalling, higher taxes, lower real wages, declining prosperity, and nation going backwards.
At this point, if you’re still backing the Albanese Government - the worst in our nation’s history - you’re either a complete imbecile or a grifter on the take.
It’s all Hogwash and Geoff Francis via @FinancialReview just confirmed it: @AlboMP & @JEChalmers ‘s new CGT can push effective tax rates on retail investors up to 80%. Their own comments says it will "bias retail investors heavily against risk-taking." That's not reform, that's economic vandalism. #ScrapTheCGTHeist #hogwash
https://t.co/XZd2TVx8Z1
🟢Given that Woolworths boasts a $50 billion market capitalisation and raked in $1.38 billion in profit last year, why is Blackout Bowen handing this corporate giant $22 million of taxpayers’ money for 148 electric trucks — roughly $150,000 per vehicle?
🟢If these trucks are supposedly so advanced and commercially superior, why do they need a massive taxpayer subsidy at all?
The answer is obvious: they’re not commercially viable without it.These T5 Battery Electric Trucks carry a sticker price of $153,395. That means Woolworths is getting brand-new trucks essentially for free, paid for by Australian taxpayers and their small-business competitors who are being forced to subsidise their own destruction.
🟢Why is $22 million of Australian taxpayers’ money being funnelled (or should we say laundered) through a foreign corporation headquartered in the UK so it can ultimately buy Chinese-made trucks to lease to Woolworths ?
🟢Imagine the army of middlemen, consultants, grifters and political fixers all clipping the ticket on this one taxpayer funded deal.
🟢If the handout per truck is $150,000 and list price of the trucks is ($153,395) why not just try and get a discount to buy 148 of them, and hand the free trucks to Woolworths ?
🟢Is it because there’s are army of grifters and spivs that need to get a cut of this rort ?
🟢Why is the ACCC allowing Woolworths to lie that these trucks deliver a “greener delivery”?
In New South Wales, Victoria and Queensland they will be charged overnight on coal-fired power, and the enormous CO₂ emissions generated during their manufacture will never be offset by any supposed operational “savings.”
🟢How does the head of Bowen’s CEFC get away with claiming “This investment reflects commercial viability” when a $150,000 price tag for a small 2-tonne truck proves the exact opposite?
It is only “viable” because taxpayers are being forced to cover the huge difference.
🟢While Australians are being crushed by the cost of living, housing shortages and failing infrastructure, why is the Albanese regimes priority is to gift free trucks to a company already swimming in profit ?
It is grotesque.
🟢What about Woolworths’ small-business competitors?
Their taxes are being used to bankroll the very corporation that is trying to drive them out of business.
🟢Does Bowen and Labor really hate Australian small businesses that much — is it simply because Woolworths’ heavily unionised workforce funnels money into Labor’s coffers while small businesses do not?
🟢And why won’t the media call this out for the blatant rort, the giant boondoggle and the textbook case of crony capitalism that it is?
🟢Is it because they’re dependent on Woolworths’ advertising dollars, or because the ABC is too busy running political protection for the Albanese regime?
🟢And where is anyone from the Liberal Party calling it out ? Or are they all hiding under their desks. Again ?
🟠Thank God One Nation has a policy to scrap Net Zero. That would finally mean cleaning out and shutting down the CEFC and ending this kind of corporate welfare scam once and for all.
🔴Alternatively, if you want your tax dollars to be handed to Woolworths to provide them with free trucks - keep voting Labor for more of the same. 🤯
According to those who are bitterly opposed to myself and One Nation, another sacred cow I supposedly slaughtered at the National Press Club was paid parental leave funded by taxpayers.
Let's be absolutely clear on the facts. I support paid parental leave, and I will not change it. I repeat I will not change it.
Actually, I supported the 26 weeks of paid parental leave passed recently. Anyone who says or implies otherwise is lying to the Australian people.
That's what's been happening every day since my speech: misrepresentations and outright falsehoods. It's why Australians' trust in government, politics and the media is at an all-time low. Australians are sick of being lied to.
Australians are sick of being ignored. As I said in that same speech, Australians know what you've been saying about me, and they no longer believe it.
One Nation supports Australian families and supports more choices and flexibility for Australian families.
We're the only party that has a policy to enable couples with children to split incomes and file joint tax returns.
We're the only party which supports greater choices and greater oversight for parents in the education of their children.
We're the only party which wants to scrap net zero and bring genuine cost-of-living relief to Australian workers and their families.
We're the only party which wants to slash mass migration to reduce housing demand and ban foreign ownership of residential property to increase housing supply.
We're the only party which has a policy to slash the out-of-control government spending that is driving high inflation and high mortgage payments.
We're the only party that puts Australian families first.
As I said before, stop your lies. Stop misconstruing my words into something they're not. I support paid parental leave.
This is EXACTLY what I predicted when the U16s ban was proposed.
They wrote vague rules SPECIFICALLY so that the tech companies couldn't hit the target, and stricter enforcement action would be 'required'.
This is not a bug, its a feature.
The aim is to have these companies dancing to the regulator's tune and always afraid of a 'review', so that they will never stand up for their user's privacy, freedom of speech, or rights.
This is a soft form of fascism, the state merging with corporations... not through ownership, but through control.
The incompetence of @JEChalmers@AustralianLabor is being showcased daily with the flaws in his Budget being revealed. This amateur Treasurer is so desperate to hide his serious spending habit that he’ll do whatever it takes to rob you of your hard earned money. It’s astounding that in his haste to cover his addiction, neither he nor the overpaid Treasury boffins bothered to test their thought bubbles & consider the consequences. A Treasurer in name only. In reality, Chalmers is a disaster & slimy con artist who can talk the talk but can’t walk the walk.
@ClareONeilMP Actually it didnt. The best way to help the young is not to tax them more.. and remove their ability to enter the housing market by negatively gearing and renting out a cheaper existing home. You just cut off all ability for the young to satisfy labor's inability to stop spending
Labor has just passed their rushed $77 billion tax grab in a dirty deal with the Greens.
As it was being voted on in the Senate, we found out that this bill would amount to a "widow tax", where grieving partners would pay more. They told us as they were passing the bill that "we'll fix that later" in another backflip.
Australians are sick of dirty political deals, the lies, the government only taking more tax and giving nothing back.
Fire the Liar: https://t.co/nylzXyOqmP