SprintR

Be the very best you can be, then go a little further
Please note any tweets are NOT financial advice.

[Geoff Wilson @GeoffWilsonWAM]

Thank you, we are breaking them down. We need to up the ante now and stop this insane CGT. Stop the Aspiration Tax. Stop the Productivity Tax.

[Noel Whittaker @NoelWhittaker]

The CGT Tax Grab They're Hiding
The capital gains tax changes are worse than anyone realized. The actual tax rate is 32% including Medicare levy. And here's the kicker: it's a flat 32% regardless of your income. Zero taxable income? Still 32%. You can't reduce it with super contributions. You can't reduce it with charity donations. The only exception? Pensioners.
Self-funded retirees are being hammered while the government tries to rush it through Parliament before people figure out what's really happening. Spread the word. They're counting on you not noticing.

[Geoff Wilson @GeoffWilsonWAM]

The @ausgov should be ashamed.
The new capital gains tax, hitting all Australian companies, will devastate capital formation and starve small and medium-sized growth businesses of funding.
This is gaslighting on a national scale. An insane Aspiration Tax on Australian businesses, entrepreneurs, and anyone chasing a better future. It must be stopped.
This isn’t tax reform. It’s economic vandalism.”
#AspirationTax

[SprintR @Sprintr88]

@GeoffWilsonWAM @ausgov Geoff what other methods can be deployed to push back against this so called govt? It's clear they just do whatever lines their own pockets & agenda. Maybe the country needs to be pushing hard for significant salary & perks reductions for politicians somehow by pressure.

[SprintR @Sprintr88]

@fulovitboss @great_martis Are you sure that's not Albo 😅

[SprintR @Sprintr88]

This govt are absolute thieves. Literally everyone in this country must stand up against this rip off & demand an election instantly. The people must NOT tolerate this theft of YOUR hard earned money!!!

[Noel Whittaker @NoelWhittaker]

🚨 Tax specialists have uncovered a sleeper clause in the federal budget bill designed to quietly inflate investor tax bills — and it's a rort. The bill which passed the lower house yesterday, introduces a mandatory "loss-ordering" mechanism for the first time in Australian tax history. Instead of cherry-picking how losses offset gains, investors will now be forced to burn through their oldest gains first — stripping away the 50% CGT discount and leaving newer gains fully exposed to the punishing new cost-base indexation regime from July 1, 2027.
Say you bought shares in 2018 and again in 2024. You sell both at a gain, but you also have losses to offset. Previously, you'd apply those losses to your 2018 gains first — which already qualify for the 50% CGT discount, meaning less of them are taxable anyway. Under the new rules, you're forced to do exactly that — exhausting the discounted gains first and leaving your 2024 gains fully exposed to the new, harsher indexation rules.
You end up paying more. This isn't an oversight. It's a deliberate revenue grab buried in fine print

[ClarksonsFarm @ClarksonsFarm1]

New clip! Season 5 out now, and it’s a must watch!🤣

[Valerie 🤌🏻 @AussieVal10]

Albozo did the lying and now his ministers are copping an arse whooping daily on Australian national television.

So sweet to watch.

[SprintR @Sprintr88]

@giginator_ @BasinEnergyLtd So far Crusafulli appears to be the goods. Let's wait & make sure words turn into action.

[SprintR @Sprintr88]

@KatyKray73 literally everything they do "is about the politics".....

[RxCKSTxR @therxckstxr]

Gary The Gibbon Out Here Hustlin! RxCKSTxR Comedy Voiceover.

[Geoff Wilson @GeoffWilsonWAM]

We must fight for change Leigh. 👇 https://t.co/obcCvaj9hY

[6 News Australia @6NewsAU]

The Nationals say Anthony Albanese needs to call an early federal election "immediately" over the Labor government's tax changes introduced to parliament

Matt Canavan says "democracy is in distress" and people need to "have a say" before the changes are implemented

[Geoff Wilson @GeoffWilsonWAM]

The @ausgov @JEChalmers @AlboMP must listen and learn. Nothing has changed. The new CGT must be stopped before it destroys ambition and aspirations in Australia.
https://t.co/Kbn7zRtZyT

[SprintR @Sprintr88]

@alisterberkeley Could yourself & @GeoffWilsonWAM Wilson team up somehow???

[Dekka @DerekFranc90653]

Please circulate widely

[V @littlemykonos]

Dear @AlboMP
You’ve changed your position therefore we have changed ours.

We demand an early election.

[Geoff Wilson @GeoffWilsonWAM]

We all need to fight this until the policy is changed. The Government needs to repeal this otherwise, they will lose the next election, as they did in 2019, when they went after negative gearing, CGT and franking.

[Rob Roy @Rob_Ruadh2]

Call an election now, @AlboMP.

You have no integrity and nothing to offer struggling Australians but spin, lies and more pain.

You're a disgrace.

[SprintR @Sprintr88]

@alisterberkeley Finally, someone actually saying what the real issue is. It's the reckless govt spending that is the problem! So many people are obsessed with coming up with ideas for extra taxes we should pay & arguing over that than the govt overloading the system. People need to wake up.