southoz

[WaltzingRNLilydale @rn_lilydale]

If the problem was investors hoarding existing property and locking young people out of housing, you could have applied the CGT changes to residential property only.
Instead
You went after everyone who builds something.
The civil contractor.
The dairy farmer.
The tech founder.
The panel beater who spent thirty years building a shop worth selling.
All hit the same.
That's not innovation policy.
That's a revenue grab dressed up in a 'fairness' costume.
And that's not even touching on the reality of the CGT laws on property...
Liebor just designed a tax system where the Australian who builds a property portfolio to fund his retirement pays 47% Capital Gains Tax on the exit.
The foreign super fund that buys the same property through a Managed Investment Trust pays a 15% flat rate.
Same property.
Same gain.
Same country.
The foreigner pays roughly one-third of what the Australian pays.
Then you 🤡stand up at a press conference and tells us this is about "fairness."
It's not fairness.
It's the largest wealth transfer from Australian families to foreign institutional capital in modern Australian tax history.
And it's being sold as a “housing policy”

[Rosita Díaz @RositaDaz48]

👏🏽👏🏽👏🏽👏🏽

[Melinda Richards 🇦🇺🇺🇸 @goodfoodgal]

He should resign.

It’s all too much now.

#resignalbo

[Kate🦋M© @Kate3015]

ALBANESE IS BUNKERING DOWN ON PLOWING AHEAD WITH HIS CG TAX HEIST FOLLOWING HIS SHAM SENATE INQUIRY!!

Albanese says the government will not budge on its timeframe for passing controversial changes to Australia’s tax system, despite calls from sectors across the economy that the consultation process was inadequate.

“We are very determined to give people the reform that is needed. We know that for a long period of time, housing was ignored by the federal government,” @Albomp told reporters in Melbourne.

“What we’ve done is have a comprehensive plan. We know that more was needed, thats why our reform was aimed at boosting supply as well as giving young people a fair crack at getting their first home.”

BUT …..

Every indication including his govt ‘s own budget clearly states their reforms will NOT boost supply.

𝐓𝐫𝐞𝐚𝐬𝐮𝐫𝐲 𝐦𝐨𝐝𝐞𝐥𝐥𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐅𝐞𝐝𝐞𝐫𝐚𝐥 𝐁𝐮𝐝𝐠𝐞𝐭 𝐢𝐧𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐭𝐡𝐚𝐭 𝐜𝐡𝐚𝐧𝐠𝐞𝐬 𝐭𝐨 𝐂𝐆𝐓 𝐚𝐧𝐝 𝐧𝐞𝐠𝐚𝐭𝐢𝐯𝐞 𝐠𝐞𝐚𝐫𝐢𝐧𝐠 𝐰𝐢𝐥𝐥 𝐫𝐞𝐬𝐮𝐥𝐭 𝐢𝐧 𝟑𝟓,𝟎𝟎𝟎 𝐅𝐄𝐖𝐄𝐑 𝐡𝐨𝐦𝐞𝐬 𝐛𝐞𝐢𝐧𝐠 𝐛𝐮𝐢𝐥𝐭 𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐧𝐞𝐱𝐭 𝐝𝐞𝐜𝐚𝐝𝐞 𝐝𝐮𝐞 𝐭𝐨 𝐚 𝐝𝐢𝐩 𝐢𝐧 𝐩𝐫𝐢𝐯𝐚𝐭𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐝𝐞𝐦𝐚𝐧𝐝.

Labor’s housing tsar Susan Lloyd-Hurwitz has told parliament that Jim Chalmers’s tax changes are designed more to redistribute wealth than to increase supply, as supporters of the Albanese government’s budget question the proposed minimum 30 per cent rate on capital gains.

Ms Lloyd-Hurwitz’s comments, which double down on Treasury secretary Jenny Wilkinsons view last month that the tax changes were more about redistribution than supply, came as the Prime Minister talked up the proposals as “boosting housing supply and getting the tax settings right in a way the experts have called for decades”.

[Kate🦋M© @Kate3015]

When it comes to himself, he’s never written truer words. Ironically, those were the very words @AlboMP used in an op-ed about Scott Morrison.

Albanese is a classic case of projection. The criticisms he once levelled at others perfectly describe his own conduct, and his actions and words are coming back to haunt him.

#auspol

[Sky News Australia @SkyNewsAust]

Kogan CEO Ruslan Kogan has issued a dire warning for Australia over Labor’s planned tax changes, which he said could result in an “exodus of talent” seeking better opportunities abroad.
https://t.co/ZHBQKJFOCr

[Tim Wilson @TimWilsonMP]

I’m passionate about self-starters and small business, and there’s nothing more offensive than Labor Minister, @AmandaRishworth, deceiving the public and trying to silence small businesses on the taxes Australians didn’t vote for.

[ADVANCE @FairAusADV]

Well said, Maje Saba 👏

[Rosita Díaz @RositaDaz48]

Liar, liar 🤥 he’s a pathological liar

[Michelle @ricochet_888]

Sadly there’s a few 🥴

[southoz @Southoz01]

@JEChalmers @ato_gov_au You are such a disingenuous flog.

[Timjbo 🇦🇺 @TimjboAU]

For a minute there, I thought Richard was talking about Albo. Pot Kettle.🙄

[Osher Feldman @OsherFeldman]

One minute. One ad. Total demolition. 🔥🔥

[southoz @Southoz01]

@SBSNews

[that stock chick @ausstockchick]

Hey Albo…

Urm…

Probably best to stop talking now.

[Pauline Hanson 🇦🇺 @PaulineHansonOz]

This is a heat map illustrating the donations from people who want to FIRE THE LIAR.

It proves you’re not alone in your support of ousting Australias worst Prime Minister who tells countless lies.

One Nation are turning Albo’s lies into a full blown campaign to Fire the Liar.

We’re now working on tv commercials for State of Origin and giant banners that will fly beneath helicopters across our major cities because of your donations.

This is real money, real data, and a real campaign to get rid of Labor.

Albo, you underestimated the anger of the Australian people and as a result, we’re coming after you.

https://t.co/nylzXyOqmP

[Karl Stefanovic @karlstefanovic]

Labor wants to blame John Howard for Australia's housing crisis.

But Howard isn't buying it. His message to Labor? Start building more houses.

The former Prime Minister sits down with Karl tonight on the show, 5pm.

[Ben Fordham Live @BenFordhamLive]

We’ve tracked down a radio host behind a viral spray.

Maje Saba has unleashed on the Federal Government for taxing everything.

He says he feels like he’s on the “verge of bankruptcy”.

Listen to his full conversation with Ben HERE.

🎧https://t.co/H01Q1gOQyk🎧

[Senator Sean Bell @SenatorSeanBell]

“Did she though? Did she? What evidence is there?”

[Kate🦋M© @Kate3015]

THIS IS GOLD.. Lie once?

https://t.co/EtXW144OMb via @YouTube