Johnnypinkman

a bit of blue, green & red

[Johnnypinkman @johnno196]

@michaelsnape As will the CGT, although it will be inflation adjusted.

I already pay 47% CGT on any investment gains held for less than 12 months.

I think founders with a low cost base should have some protection.

But I sacrifice time with my kids and health, and get hit with the 47% tax.

[Johnnypinkman @johnno196]

@clairlemon What grifting hyperbole

Does your credibility zero favours

[Johnnypinkman @johnno196]

@SatoshiWolf Whatever makes you feel better, passport bro.

Keep living that white man’s dream

[Johnnypinkman @johnno196]

@bowtiedstocks Because everyone should be taking the financial advice of a chronically online grifter who knows nothing of one’s personal financial circumstances

[Johnnypinkman @johnno196]

@Bowen_Kate24 @OMGTheMess You are not being taxed again on what you’ve already paid tax on.

It’s called capital GAINS tax, not capital tax

Most s/t traders today ( less than 12 months holding period) already pay the tax

[Johnnypinkman @johnno196]

@SatoshiWolf “rainbow flag stickers, always was always will be and an assortment of other brain rot”

Then questions why society is no longer kind and compassionate

Sounds like bro missed out shopping in the self awareness aisle

[Johnnypinkman @johnno196]

@bowtiedstocks Yeah, they could be on the internet grifting hyperbole for clicks I guess

[Johnnypinkman @johnno196]

@profholden @Barnaby_Joyce Wrong. After tax income invested into capital assets is not being taxed.

Only the gain on that capital is

[Johnnypinkman @johnno196]

@Keg767 @histofevery_yt2 Now imagine a situation where you receive a 50% discount on tax payable if you have held an asset for more than 1 year, but don’t get a 50% reduction on your PAYG if you have worked a job for more than 12 months

Crazy stuff!

[Johnnypinkman @johnno196]

@LanguageIearner Oh

[Johnnypinkman @johnno196]

@GreenJ @keen_poster ABC Melbourne crew @Raf_Epstein @mjrowland68 @PatsKarvelas @LaTrioli had all the answers in July/Aug.

Were very keen to lecture NSW on what to do then

[Johnnypinkman @johnno196]

@GreenJ @keen_poster Truth hurts

[Johnnypinkman @johnno196]

@Raf_Epstein A nod to accuracy

[Johnnypinkman @johnno196]

@DarceyHound @YouAreLobbyLud @profesterman Unfortunately, there are plenty of seriously twisted people who genuinely want things to get worse in NSW, and for more people to die, because they don’t like Gladys.

Fortunately, I don’t know anyone like this in real life.

[Johnnypinkman @johnno196]

@EdmundMorley @PatsKarvelas Yep, and NSW is looking forward to some restrictions easing soon.

Meanwhile you can enjoy another 200 more days of lockdown in VIC! Have fun!

[Johnnypinkman @johnno196]

@REconomos @VicGovDH But that would be copying the NSW strategy.

Can’t be seen to be doing that

[Johnnypinkman @johnno196]

@BreenBreen1 @GladysB Lol..here we are, 5 weeks into a short sharp lockdown VIC and with cases increasingly out of control.

You’ve obviously missed the memo: delta is a game changer