Daggy George 🥸 💵

High conviction spec equities trader
Use FA + TA for 📈 outperformance
High risk tolerant multi 💼 hunter
Family Office head honcho
Otherwise just a dag

[Matthew Camenzuli @Matt_Camenzuli]

Christopher Luxon the PM of NZ is interrupted by our sorry excuse for a Prime Minister when asked about capital gains tax.

Albo tried to deflect the question to sport - which demonstrates the total extent of his mental capacity.

Albo thinks sport is more important than the economy. He hopes you do too.

Pro tip - it isn't.

Sport does not provide food, housing or anything else beyond entertainment - for all but the privledged few directly involved in the business.

Sport, particularly amateur and community sport has an important part to play in people's mental and physical well-being. Especially the youth - no doubt.

But the economy is the lifeblood of the country. Which makes it orders of magnitude more important.

Luxon, a business man, has more than a basic, abstract and theoretical understanding of the economy.

He has driven an economic recovery in NZ, and even as it is recovering he rightly thinks adding a capital gains tax would put a "wrecking ball" through it.

Our genius in chief has our economy on the ropes, and is warming up the wrecking ball as you read this.

The man is totally out of his depth, and dare I say 'out of his league'.

Australia deserves better than the careerist hacks and losers that fill out parliaments around the nation.

We really do and fast.

Because people are suffering. People can't afford to eat, get a roof over their heads or find meaningful work. Our economy is dying. And the Wallabies won't fix it.

It is totally unacceptable.

I just want Australia back.

[Moz @onslowshipping]

If, like me, you are appalled at some of the changes to Aus tax settings that are set to become law, please make a submission to the Senate Economics Legislation Committee. Submissions close on the 9th. https://t.co/XnBRAtKQvu

The first page of my submission is attached in the image below. I have confined myself to the CGT changes, and only to their application to assets outside of residential property. I don't think the gov is going to back down on any of it, but that seems like the area where the insane consequences of the changes are most obvious.

Full submission at https://t.co/X3FgRi2xhs

[Sean Clarke @seanclarke911]

Well said Simon.

These parasites are taking the piss

[Simon Kuestenmacher @simongerman600]

As a German living in Australia the fact that Australia has twice as many public sector workers than France is hilarious.

[christopher joye @cjoye]

What current generations forget is that Australia had *zero* Capital Gains Tax from its founding through to September 1985 - the first-ever CGT was introduced by Labor under Hawke/Keating… New Zealand still has zero CGT. Socialists are trying to tax the private sector to transfer this income to the public sector to fund its out-of-control growth

[Sky News Australia @SkyNewsAust]

New analysis has found Anthony Albanese pocketed more than $200,000 under the capital gains tax regime that Labor says is now unfair. https://t.co/R5lTutvU7G

[christopher joye @cjoye]

No surprise, but it begs the question: if you lied relentlessly before the election about these taxes, and you now have voters clearly rejecting them en masse, how can you possibly try to legislate these policies now given the election was won on the basis of grossly misleading and deceptive representations? One Nation surges ahead of Labor as budget flops: Poll https://t.co/ZQs5yR7kZD

[Daggy George 🥸 💵 @DaGoldtrader]

Australia's free market economy R.I.P.

No surprise I guess when a country is run by career public servants living in lunatic policy bubbles

https://t.co/D18KAv58C3

[🅿🅴🆃🅴 @Pete__Panda]

"The largest field program to date at the Cisco Lithium Project has started, with 20,000 metres of drilling"

Also, a PEA is planned to be published in the fall of 2026 $QTWO.v #Lithium

[Geoff Wilson @GeoffWilsonWAM]

“No one is going to want to invest in Australia”. “What the Fu.k are you doing”. This insane CGT, which will destroy aspiration and ambition in Australia must be STOPPED. Every Australian must stand up.

[Sky News Australia @SkyNewsAust]

The Albanese government has been trolled by a business founder who bought 18 inescapable billboards at Canberra Airport protesting Labor’s capital gains tax grab.

https://t.co/llp67X7c1W

[Valerie 🤌🏻 @AussieVal10]

Welcome to the “right” side Hughesy!

And keep going 👏🏻👏🏻👏🏻👏🏻👏🏻

The more the merrier speaking out about the morons in power in Aus!

[christopher joye @cjoye]

This is so incredibly good:

Economist Joseph Schumpeter warned that capitalism weakens when prosperous societies become so comfortable they forget where prosperity came from – and begin resenting the entrepreneurial class that created it.

A country might survive high taxes for periods of time. What becomes dangerous is something deeper: the moral suspicion of ambition itself. The creeping belief that commercial success is inherently exploitative, that profit is morally dubious, or that founders should quietly accept punishment for surviving years of uncertainty.

Prime Minister Anthony Albanese and Treasurer Jim Chalmers should think carefully about the signals embedded in this budget. Tax policy communicates values. This budget signals that founders are not viewed as partners in national prosperity, but simply reservoirs of revenue whose success is viewed with suspicion...

Civilisation advances because some people are willing to bet on tomorrow before tomorrow exists. Australia should be doing everything possible to encourage those people to build businesses here. Because once a society begins treating ambition as something suspect rather than admirable, it eventually discovers that no nation can remain prosperous after teaching its most ambitious people that they are unwelcome.

https://t.co/nxmwyx9aZc

[Chris Brycki @chrisbrycki]

The CGT debate is missing this simple solution. https://t.co/WFt5vXOjMg

“An argument often raised is that labour and capital should be taxed more similarly. That sounds politically appealing, but it ignores some important economic realities.

First, investing involves risk and time in a way ordinary wage income doesn’t. Investors are putting already taxed savings at risk and there is no guaranteed return, no minimum wage, no sick leave, and very often significant losses.

Second, economies rely on people willing to defer consumption and commit capital towards businesses, housing and innovation.

If the after-tax reward for taking long-term risks falls too far, less capital gets invested and more gets consumed, parked in lowerproductivity assets such as cash or moved offshore.

Third, capital is mobile globally.

Entrepreneurs and investors can choose where to build companies and allocate capital. If Australia taxes long-term investment much more heavily than comparable countries, over time that risks pushing investment, businesses and talented workers elsewhere.”

[Daggy George 🥸 💵 @DaGoldtrader]

Gather - bringing the 'cool' back to fintech apps, worth a 👀
https://t.co/kKizWZQ40U

[Craig Kelly:🇦🇺Foundation for Economic Education @craigkellyAFEE]

Hit new song - "ALBO YOU LIED TO US” by Uncle Ned and Bushrangers.

Lets make it a chart topper

[christopher joye @cjoye]

The federal government’s refusal to lift income tax brackets in line with inflation means every dollar earned today above $190,000 is taxed at 47 per cent, instead of the top rate kicking in at more than $280,000.

The top income tax threshold now sits at the lowest inflation-adjusted level in 20 years. It would be $281,450 by now if it had kept up with inflation since 2008-09, the last time high earners had their top income tax threshold substantially increased under changes initiated by the Howard government.

Prime Minister Anthony Albanese’s former economic policy adviser Alex Sanchez said Labor’s decision in 2024 to increase the top $180,000 tax bracket to $190,000, instead of the $200,000 legislated by Liberal prime minister Scott Morrison under the stage 3 tax cuts, was a “terrible mistake”.
https://t.co/CIcSmbnGW5

[Fusilier @firstfusilier]

Australian Treasurer @JEChalmers demonstrates how being financially illiterate and never having had a job outside of politics has perfectly prepared him for taxing the shit out of real working Australians and making up barely coherent justifications for the cash grab.

[Gemma Noiosi - Libertarian for NSW @GemmaNoiosi]

This is the BEST troll of @AlboMP ever 🔥

Business owners posting about their “silent business partner” who takes 47% of their profits… and doesn’t have to lift a finger!

A perfect protest against Labor’s capital gains tax grab.

Taxation is theft. Libertarians will never vote for tax hikes - they all hurt families and businesses.

@LibertariansNSW