@boomunited15@Sims_LFC Man United don’t have a contract with Mason Greenwood. It would be so funny if he signs for Liverpool and becomes the next superstar.
Here we go. An inheritance tax is coming.
Suddenly your parents don’t get to choose where their money goes, the government does.
A government that imports people and puts them on welfare, a government that refuses to investigate welfare fraud suddenly wants to reward your hard work at the beginning of a massive jobs decline due to AI jobs replacement.
Kick them to the curb. They are vampires sucking your money like blood.
@DrCameronMurray@urbanizationist I wouldn't be surprised if the government moved to cap withdrawals from industry and retail super funds as a way of managing liquidity risk, especially given the growing number of people entering retirement with substantial mortgage obligations.
@DrCameronMurray Agreed. The concern however is that when a CGT event occurs, the entire taxable gain is assessed at the marginal tax rate in a single year, even though the gains have accrued progressively over multiple years. It doesn’t seem equitable to tax all of those gains in one income year
@Poundy90@AvidCommentator Countries where rent systems typically regulate both new rents and existing rents, at least in significant parts of the market:
Germany
Sweden
Netherlands
France
Spain
Denmark
US (select cities like New York)
Any form of rent control in OZ would be political suicide IMO