The Realist Capitalist

[The Realist Capitalist @boolardycap]

@JosephNWalker 30 seconds in, we’re in trouble

[The Realist Capitalist @boolardycap]

@Potstirrer111 Come back to me in summer

[The Realist Capitalist @boolardycap]

@JEChalmers Jim most people in Australia don’t aspire to work for the public service and take from their peers. Your budget is an abject failure

[The Realist Capitalist @boolardycap]

@rebaillieu Rob, they tried to align closer to the teals to retain inner city seats which has destroyed the party. It’s the self righteous individuals who believe they’re too good for society that’s the issue with society and 90% of them vote teal

[The Realist Capitalist @boolardycap]

@JoshGarlepp Because they understood about wealth creation vs a public servant who’s relied on a government wage and is a detriment to society

[The Realist Capitalist @boolardycap]

@TheKouk We have GST in Australia and a higher all in tax rate

[The Realist Capitalist @boolardycap]

@LandlordRescue Last time I check I think Trump international does more turnover than you

[The Realist Capitalist @boolardycap]

@SharazDavid You can’t afford anything if the papers are correct

[The Realist Capitalist @boolardycap]

@mormorlady @AlboMP @JEChalmers They’re finishing your grandchildren’s purchasing power which in turn reduces their quality of living

[The Realist Capitalist @boolardycap]

@AlboMP Why are you removing the capital gain discount on my share portfolio?

[The Realist Capitalist @boolardycap]

@Peter_Fitz Why is he removing it for businesses and shares if worried about housing?

[The Realist Capitalist @boolardycap]

@TheKouk Higher rates pushing up the dollar given our high inflation

[The Realist Capitalist @boolardycap]

@PaulBongiorno I guess you have no ambition Paul and enjoyed a government wage

[The Realist Capitalist @boolardycap]

@JEChalmers Destroying dreams and ambition

[The Realist Capitalist @boolardycap]

@BitcoinArchive @WalkerAmerica Parody? Currently a run like a third world country

[The Realist Capitalist @boolardycap]

@DougCameron51 Doug you’re focused on theft of productive members of society to support unproductive member like bureaucrats and yourself

[The Realist Capitalist @boolardycap]

@MurrayWatt Better then getting a government focused on theft of hard working, productive citizens

[christopher joye @cjoye]

Imagine what life would look like if Australia had stuck to the fiscal principles that guided government before 2008: allowing deficits during recessions, but then running surpluses in good times to balance the budget over the cycle.

Had we maintained that prudent approach, we could have cut personal income taxes by 19% to 28%, saving the average taxpayer by as much as $7,000 a year.

The simulation below shows what could have been done with the $1.3 trillion in federal spending savings that may have accumulated between 2008-09 and 2028-29...

[The Realist Capitalist @boolardycap]

@MyFirstCousin What happened, would you mind updating me

[The Realist Capitalist @boolardycap]

@MurrayWatt Last time I checked you didn’t win