Dom

[Dom @Dom94656454]

@jason_king72 @EvanCranston @tax_oz It's $1000 deduction not a refund. Basically $300 refund, wow

[Dom @Dom94656454]

@TMFScottP Better than Labor.. "tax reform" code for collect more tax. Instead of fixing the issue, spending. Pauline actually addressed spending and the deficit, unlike Labor

[Dom @Dom94656454]

@robbierocket7 @XanderMcGuire7 @7AFL @7NewsMelbourne You do understand posting a photo of an underage kid requires the consent of the guardian/parent.

[Dom @Dom94656454]

@TMFScottP @spenderallegra That's not a benefit, adjusting the cost base for indexation is just keeping up with the value. You are then taxed on the gains at the marginal tax rate which isn't adjusted for inflation? Top tax rate should be $280K over the last decade, it's $190K. It's a tax grab.

[Dom @Dom94656454]

@TMFScottP It's been beneficial for investors, but at the same times it's been terrible for valuations.. the relentless buying of a large market cap business, just further inflates the price/valuation.. CBA is a perfect example.

[Dom @Dom94656454]

@TMFScottP Software renewals for the business (BGL and Xero) up 10% in the last month... CPI is out of control

[Dom @Dom94656454]

@GregHuggett @cjoye I think the reader is forgetting one key issue here.. the Govt isn't changing who is presently entitled, it's just adding a withholding tax.. this comes under tax law, not constitution.

They have advised it's a withholding tax, credits passed to the presently entitled?

[Dom @Dom94656454]

@GregHuggett @cjoye Lol the amount of tin foil hat people on this thread is hilarious.. tax law can be changed at any given time, this determines who pays tax in a trust. The government has just changed the way trusts are taxed, nothing special here. I think people need to work on voting Labor out

[Dom @Dom94656454]

@KobeissiLetter LOL

[Dom @Dom94656454]

@andrew_thaler @cjoye Yes they can

[Dom @Dom94656454]

@Filapek 🤣

[Dom @Dom94656454]

@Filapek Quality 🤣it sells software. Microsoft develops the software. You tell me which one is better quality. PME and WTC are much better businesses, bigger moat and cheaper.

[Dom @Dom94656454]

@TMFScottP Hard to fund? You seen the NDIS budget, if they can clean up the system it will pay for these tax cuts. Stop the fraud and we can all pay the correct amount of tax 🤣

[Dom @Dom94656454]

@RoccoRothko @ajamesbragg Lol you do know 50% of a new home price is taxes... The Govt is profiting more than someone that is negative gearing

[Dom @Dom94656454]

@TMFScottP I told you Scott 🤣 it was always a tax grab, don't be fooled. Feel sorry for self funded retirees, build up wealth, pay their fair share of taxes.. only to be taxed at 30% at the end

[Dom @Dom94656454]

@TMFScottP There is still a supply shortage, don't believe it will cause any modest fall. Interest rate rises likely slow prices (temporarily).

Never heard someone buy a property to lose money on negative gearing, we all buy for capital growth.