@spikenorbert@clairlemon Yeah fair point, I'm unfortunately in that 10% that it doesn't help so I have a harsher view on it haha. Good for people retiring etc. as long as they don't touch that concession
The only thing that stops violent men from raping you and your society are other men who are equally willing to be violent in stopping the rapists. The West has decided that the highest virtue is to quietly comply with the destruction of your civilization because to do otherwise is bigoted toward the rapists. It really is that simple.
If you're wondering why Australia feels so broken and corrupt right now, it is because 80% of the Labor Party has never worked more than 5 years in the private sector.
They have stolen from you their entire life.
The Australian government unilaterally deciding to confiscate 47% of the capital gains of every business person in the country has radicalised me, yes https://t.co/yBi3zuz4lt
It is not disingenuous. If you earn over $190k you will pay 47% on any capital gain. Or if you are on an extremely low founder salary whilst you build your business and finally get the reward of selling, if you sell for over $500k for example, you are paying 42%-45% CGT.
The old 50% CGT discount landed you at around a 23.5% top marginal.
Defending higher taxes is stupid.
Supply of Aussie dollars up 11%/year.
Wonder why prices are up 11%/year?
Primary driver now is new home loan issuance due to migration, 2nd is govt pissing money away on NDIS & paying salaries for new migrants as 8 in 10 new jobs are taxpayer funded: non migrant job growth is ~0