“Under the proposed framework, gains are indexed but real losses are not fully recognised. As a result, the taxable gain rises to...higher than the investor’s total real economic gain and 82% higher than under the current system.”
https://t.co/O8sBZkNHug
Australia is run by a Communists.
Anthony Albanese is a communist in disguise.
In Highschool he was a communist.
In University he was a communist.
In 1983 he was arrested along with 9 self described CPA inspired students.
So when our money is being taken through 125 Taxes and now a 30% death tax are you really surprised?
A vote for Albo is a vote for communism.
A communist leader in Australia should be classed as an enemy of the country.
We’re hoping he calls an election when in reality the people of Australia should have the right to drag his communist arse straight to the gulag.
Albanese pocketed millions offloading a $5M property portfolio using the 50% CGT discount. Then he bought a $4.3M Copacabana beach house to negative gear at $1,600 a week.
Once his own multi-millionaire wealth was entirely secure, he changed the tax laws for everyone else, conveniently grandfathering his own assets.
He looked Australians in the eye and lied.
He protects his own pockets while locking you out of the market.
Boot him out at the next election.
🚨BREAKING: “Police can’t always treat races equally”
- Deputy Prime Minister of the United Kingdom, David Lammy.
I don’t know about you, but that sounds pretty two tier to me….
The police handcuffed a dying boy because he was white and you’re claiming we’re dangerous for pointing out there’s a prejudice
You’re the gutter press
Absolutely vile
Labor Govt turning Australia into the world’s biggest CGT ‘shithole’.
Scrap the 50% discount, slap on inflation ‘indexation’ + a 30% floor = up to 47%+ effective tax on real gains from property, shares & business.
Highest in the developed world. Crushing investors, killing incentives, and smashing housing supply while they pretend it’s ‘fairness’.
This is economic self-harm by a clueless government that hates success. Wake up Australia. 🇦🇺
@SimonBanksHB You're a paid for hack for the Labor Party that will take $257 billion of workers via inflation and bracket creep
You can keep the meagre crumbs you low life