Micheál

N/A

[Geoff Wilson @GeoffWilsonWAM]

The @AuSenate inquiry into the new CGT is a joke. Incredibly disappointing behaviour from the @AustralianLabor controlled Senate committee.

[Geoff Wilson @GeoffWilsonWAM]

This @AuSenate inquiry is a whitewash. We need another inquiry that is independent!
Stop the new CGT!

[Micheál @blockchainfitz]

@JEChalmers @60Mins @9NewsAUS Its gaslighting Jim, but not as we know it!

[Micheál @blockchainfitz]

@rationalaussie Liquidity into AI trade?

[Marko Matvikov @MarkoMatvikov]

What’s wrong about this isn’t that the rate is low and declining - that has a lot to do with culture and choice.

The problem is most Aussies still want at least two children - that’s enough for population stability.

Which means the gap between what they want and what they’re having is likely for economic reasons.

We don’t have a shortage of people who want children - we have governments who’ve failed in making life affordable for families.

If Australian culture is to survive and thrive, this should be one of the nation’s highest priorities.

[Micheál @blockchainfitz]

@AlboMP, @JEChalmers and @AustralianLabor need to exit stage left. They clearly despise hard working aussies and favour all things foreign, especially investors! Bin these wreckless policies NOW.

[Geoff Wilson @GeoffWilsonWAM]

Stop the CGT now. All Australian must stand up!
“This is a revolution. A political and social shifting of the sands in a way Australia has not seen before.
Marie Antoinette said let them eat cake. Albanese? He says let them pay tax; let Australian citizens pay more tax on their investments than foreign entities. Let non-citizens access Australia’s first home buyers scheme and take any capital gain they may make back to their country of birth.
Let Australians carry the fat of the largest per capita public sector workforce in the world.”

[Micheál @blockchainfitz]

@Richard01357064 What about the banks who issue credit into existence and turn people into a collateralised debt obligation.

[Micheál @blockchainfitz]

@AvidCommentator I thought @friendlyjordies said it had fallen? 🤔

[Micheál @blockchainfitz]

@rationalaussie https://t.co/sHBrImgM1u

[Simon Dixon @SimonDixonTwitt]

To be accurate and maintain the lesson, rather than the idol-worship narrative:

Elon Musk isn’t a trillionaire in the sovereign sense.

SpaceX, Tesla, and his other ventures may generate a trillion-dollar paper net worth for him if they continue to succeed with government support and continued backing from the military-industrial, technological-industrial, and financial-industrial complex.

But a public or shareholder-owned corporation is a subordinated vehicle.

It answers to boards, shareholders, regulators, lenders, compromise networks and capital markets.

His personal wealth is highly collateralized to those vehicles too.

That wealth can be margin-called, diluted, regulated, taxed, sanctioned, frozen, or repriced by the system it depends upon.

We all answer to someone.

Sovereign wealth, however, answers to no balance sheet but your own.

The difference between net worth and sovereignty is worth understanding.

And of course, Elon, as we all do, ultimately answers to our Creator.

[Simon Dixon @SimonDixonTwitt]

To be accurate and maintain the lesson, rather than the idol-worship narrative:

Elon Musk isn’t a trillionaire in the sovereign sense.

SpaceX, Tesla, and his other ventures may generate a trillion-dollar paper net worth for him if they continue to succeed with government support and continued backing from the military-industrial, technological-industrial, and financial-industrial complex.

But a public or shareholder-owned corporation is a subordinated vehicle.

It answers to boards, shareholders, regulators, lenders, compromise networks and capital markets.

His personal wealth is highly collateralized to those vehicles too.

That wealth can be margin-called, diluted, regulated, taxed, sanctioned, frozen, or repriced by the system it depends upon.

We all answer to someone.

Sovereign wealth, however, answers to no balance sheet but your own.

The difference between net worth and sovereignty is worth understanding.

And of course, Elon, as we all do, ultimately answers to our Creator.

[Micheál @blockchainfitz]

Why do @AlboMP and @Chalmers want to gut Australia so badly? Is it the Financial Industrial Complex who create the legislation to their benefit from a tax and capital (re) allocation perspective? Asking for a friend? #ETF #Super #Buildtorent #AUKUS @matt_barrie @rationalaussie

[Geoff Wilson @GeoffWilsonWAM]

Australians deserve better. Wake up @AlboMP and @JEChalmers . Reverse this madness before the damage is permanent.
Spot on @leighjasper.
Doubling CGT to a world-high 47% isn’t ‘closing loopholes’ it’s economic vandalism that smashes aspiration, kills startups, and exports our best talent and future companies to the US and Asia.
Every founder now rethinking Australia. Every high-skilled job at risk. The innovation machine is being deliberately broken.
This isn’t a budget. It’s a declaration of war on mobile capital and the next Atlassian, Afterpay, Aconex or Canva #AussieDreamKiller #ScrapTheCGTHeist #LaborTaxRaid

[Micheál @blockchainfitz]

Blatant lies and he's pretending (terribly) that he is altruistic. Just stop it @JEChalmers, its embarrassing.

[Geoff Wilson @GeoffWilsonWAM]

The insane tax must be stopped. Stop the new CGT on businesses before it is too late.

[Dekka @DerekFranc90653]

I'm just reading subs of those in favour of new CGT: atrocious: McKell, Gratten, M.Stewart, no modelling of effective tax rates, or tax asymmetry, or any numbers at all, just incorrect ideological rubbish. They are so wrong with conclusions on this economic wrecking ball.

[The Australian @australian]

In an extraordinary rebuke, Federal Court judge Ian Jackman has named and shamed six fellow judges who have failed to deliver decisions in cases up to three years after hearing them, condemning the “egregious” delays as “a real and growing threat to the rule of law in Australia”. Read more: https://t.co/oOmGUDyiyR

[Geoff Wilson @GeoffWilsonWAM]

Big thanks to @PhillipCoorey, @MatthewCranston and the free press for putting real pressure on the @AustralianLabor Senate and exposing the initial whitewash attempt on the CGT inquiry. Invitation landed at my personal (which is strange) email address this morning at 11.21 am. Lets hope the other high quality submitters have also been invited @chrisbrycki @DerekFranc90653 @sterndavidi @HIA_au
@FinServCouncil etc etc. Let’s hope some sanity is returning and they’re now open to hearing from actual investors and capital managers. Still a rushed farce. Anyway I’ll be there Tuesday making the case against this attack on aspiration, startups & productively. We must stop the insane CGT on Australian businesses!
#AxeTheCGTHike

[Micheál @blockchainfitz]

@AlboMP Define fair?

[Ruslan Kogan @ruslankogan]

What sort of Australia are we building? What are we trying to incentivise? What do we want our country to look like in 10, 20, 30 years time?

[Fatima Gunning @fatima_gunning]

So every time Ben mentions a relevant example he’s cut off at lightning speed.

Very disingenuous.

[Geoff Wilson @GeoffWilsonWAM]

This is straight out of “the Ministry of Truth”.
@JEChalmers ’ CGT changes don’t ‘level the playing field’ they wage war on aspiration, startups, productive equity investment, and the next generation of wealth creators.
Disincentives ARE incentives. Confiscation IS prosperity.
All Australians aren’t fooled @AlboMP . 2 + 2 = 4. This economic vandalism must be reversed. Stop the insanity now!
#AxeTheCGTWar #AspirationNotTaxation”

[Geoff Wilson @GeoffWilsonWAM]

Both @AlboMP and @JEChalmers lied about the insane CGT. Even Hughsey has worked it out. This must be stopped