@Richard01357064 You have zero understanding of how this cgt works.
Your original capital doesn’t get taxed again, neither does the inflation of that original capital.
If you asset rises 20% and inflation was 20% you pay no tax as there is no gain.
Maybe educate yourself before posting lies.
@The_FJC It’s because most of civilised societies provide at least 4 weeks of annual leave per year, so you can save your leave and take 8 weeks, not that the WC goes for 8 weeks.
The balance between businesses and families is completely wrong in America, to non Americans.
@Ryandally08 It’s a peaceful protest. Part of everyone’s right living in Australia.
Why don’t you get a life and stop whining about people who look different to you?
@clairlemon@social_brains@JEChalmers The gains from invested capital have not already been taxed. Your original capital has already been taxed and that’s why you don’t pay cgt on that increase.
Maybe try to educate yourself on how the tax system works before you come on here whining about crap that isn’t true.
@clairlemon@JEChalmers You can offset the losses against any future gains. It’s on you if you’re losing overall.
And capital isn’t taxed at all so you’ve clearly got no idea how the tax system even operates.
@robprogressive You can offset losses against any future gains so you still only get taxed on the gain over many investments. If you lose overall that’s on you.
@GioAlessandr0@AvidCommentator Libs have been useless for at least 15 years.
One Nation aren’t going to like people with your last name pal, nor do they have even one coherent policy.
Labor are far from good but are miles ahead in the least worst option race.
@ShannonWoodyar3@Gianl1974 Oh the irony of a Trump supporter suggesting that Trump is not a liar, is not a convicted felon, not an adjudicated rapist.
Too funny 🤡
@RickGainsmith@julian_keil That’s pretty funny as Hughesy’s posts show he has zero understanding of how tax law works or how the changes affect people. Just faux outrage from an entitled whining wanker.
@BlackLabelAdvsr The irony of an American calling soccer wimpy when the NFL players wear pads covering their bodies and helmets on their heads. Too funny. What a dumbass
@BMC07096150@DHughesy He would fit in well at One Nation.
1. Talk hysterically and without logic
2. Thinks he is smart but is just a whining fool trying to drive a wedge through communities for his own personal benefit
3. Outright lies
4. No positive alternative policy ideas
5. Dumb as fuck
@DHughesy You’ve turned into a hysterical whinger. Trying to protect the entitlement of the top end of town.
You don’t even know how the changes work either. Feel free to criticise but at least do it with facts instead of the lies you’ve been spreading.