Crypto Flame

Business Owner | Real Estate Investor | Degen Crypto Investor

[Crypto Flame @CryptoFlameLabs]

@DHughesy CHALMERS is fucken shameless

[Dave Hughes @DHughesy]

Snake Chalmers clearly has no idea about doing anything other than sending hard working people broke. We are currently in the longest ever per capita recession in history and it’s only getting started. Hold on to your hats Australia.

[Senator Matt Canavan @mattjcan]

We cannot restore housing affordability by crashing the market.

We can do it by cutting migration, getting inflation down so people can save more and building more affordable homes.

We have so much land available to help fix the housing crisis. Yet Labor's tax grab destroys the value of homes which people work so hard to buy in the first place.

More in the @couriermail today

[Kazza_Bazza @kazza_bazz]

@AlboMP I past!

[Nic 🇦🇺 @NicFromOz]

@AlboMP Is @POTUS speaking about you Comrad @AlboMP

[David McMahon @David_McMahon75]

The worldview behind Labor’s new budget is completely flawed. It’s a class-warfare mindset that pits virtuous workers against greedy investors.

In reality workers and investors are one and the same. Australians are struggling to get ahead. Wages haven’t kept up with cost of living increases and particularly rising housing costs. More and more are investing what little they can save outside of super in an attempt to build some wealth.

Guess which age cohort has the highest ownership rates of ETFs and crypto in Australia? Gen-Z (18-24 year olds). Guess which profession has the second highest number of people using negative gearing? Nurses.

These investors, who are also workers, are about to get slugged with the highest CGT in the developed world. Many will have their retirements delayed by years.

Is this really what we want?

[One Nation Australia @OneNationAus]

Today, Labor's tax-grab budget gets rammed through parliament — built on a big lie.
Albanese said 50 times: no changes to Capital Gains Tax or negative gearing.
He said "385 times": "I don't negotiate with the Greens."
He lied. Twice.
Teachers, nurses, police, miners, truckies, farmers — everyday Australians who worked hard and built something for their future are now being punished for it. This budget doesn't reward aspiration — it kills it.
Same Labor. Same broken promises. Time to fire the liar

[Crypto Flame @CryptoFlameLabs]

@ClareONeilMP Anti business anti brokers anti growth....shame on you

[Crypto Flame @CryptoFlameLabs]

@ClareONeilMP Next big moment will be when you're voted out 🤣

[Senator Andrew Bragg @ajamesbragg]

Chalmers’ budget is so good he’s announced 4 different budgets in 6 weeks.
13 May - budget 30% new tax on everything
18 June - a few carve outs for small biz
23 June - SMSFs hit
25 June - divorce/death tax reversal
How can this guy keep his job?

[Crypto Flame @CryptoFlameLabs]

@AlboMP Why are you so shameless 😭 😩

[Rob Smith @Ausbobsmit]

Anthony Albanese offloaded $5 million worth of property investments, while retaining a $4.3 million dollar beach house.

$9.3 million worth of property. Not bad for a leech that has never worked a day in it's life. All taxpayer funded. The leech would be unemployable if not for the Labor Party.

[Crypto Flame @CryptoFlameLabs]

@PaulineHansonOz I've just reported @AlboMP to the ACCC SCAM WATCH. I'm surprised more people haven't reported him and his minions yet

[Crypto Flame @CryptoFlameLabs]

@Ryandally08 He is such a shameless pig

[Crypto Flame @CryptoFlameLabs]

@PaulineHansonOz I've just reported @AlboMP to the ACCC SCAM WATCH. I'm surprised more people haven't reported him and his minions yet

[Matthew Camenzuli @Matt_Camenzuli]

Today Labor and the Greens have teamed up to ruin what is left of hope in Australia.

When they destroy private wealth and opportunity, they destroy incentive and then we are all forced to rely on totally inadequate government support.

It's not an accident, it's the way they like it. They want us dependent on them and not ourselves, and they are too incompetent to depend on.

It destroys entrepreneurship, it destroys jobs, and it destroys hope.

Which destroys lives.

Labor and the Greens pretend they can make us all equal, and that we will all be better off...

But the truth is, we will all be ruined and there will be no way out, because choice is replaced with force.

It's all just a lie built on lies.

Watch. 👇

[Senator Andrew Bragg @ajamesbragg]

They punch punters but protect their mates.

[Rex @Rexdinasaur]

This is Albosleazeeeee Australias slimiest lying grifting Prime Minister ever.
Albozo is guilty of insider trading. 👇👇👇👇👇👇👇

[Geoff Wilson @GeoffWilsonWAM]

🚨 @AustralianLabor ‘s insane new CGT changes just got crueller.
@JEChalmers confirmed today: if you jointly own a pre-budget investment property and your spouse dies or you divorce the survivor LOSES the grandfathered negative gearing and CGT exemptions.
Grief or separation isn’t enough. Now comes an extra tax hit.
@DavidPocock is moving amendments to stop this. He’s right it will hit women especially hard.
This rushed, heartless policy is economic vandalism. The Senate must kill it. Great journalism @PhillipCoorey https://t.co/2HIknTFkGS

[Gav Meister @GavinBrx]

I cannot tell you how stupid and ignorant, deceitful and arrogant this Albanese Government is. When it comes to our kids trying to save for a deposit on their house this is the scenario they are now faced with.

Share C: Buy $10k → Sell $10.5k. Indexed cost base $11k.
→ No gain. No loss. $0 offset.

Share D: Buy $10k → Sell $12k. Indexed cost base $11k.

→ $1k nominal gain, but only $500 real gain (after $500 inflation).
No tax on inflation portion → $500 taxable at min 30% = $300 tax.

That’s an Effective 60% on your real gain. There would have been around 15% on the old rules. Chalmers is flat out lying because Treasury got the figures wrong. He never checked them.

Young Australians, Mum & dad investors get hammered, and The Greens and Labor are celebrating this like it’s a good thing.
#CGT #TaxReform #AustraliaFirst