They think investing has no risk. It's called risk/reward..the prefer to tank the economy for its easy tax grab instead of putting a LNG import royalties tax on offshore.
These idiots are clueless..
Miranda Stewart’s career is limited to working for the University of Melbourne and the Australian Taxation Office.
She’s never run a startup, raised venture capital or had to risk her own money to pay a workforce.
Miranda claims “founders won’t leave” despite evidence to the contrary:
• California just recorded $1.5t of capital loss as wealthy founders anticipated the introduction of a wealth tax – forcing the government to cancel its plans for it
• Norway lost $84b in private assets after the introduction of a wealth tax – the government expected it to raise over $200m per year, instead losing over $900m per year
• The United Kingdom hiked its capital gains tax on shares by 4% - resulting in capital gains tax revenue plummeting from $33b in 2023 to $26b by 2025
When countries treat founders, investors and builders as tax cattle, many do leave – you’re talking about the most ambitious and action-oriented people in society.
Not all, not always, and not just because of tax.
But when social cohesion is fraying, the system feels unfair and government isn’t holding up its end of the bargain, punitive taxes are just another reason to consider your options.
So as our country continues to get poorer because people like Albo and Chalmers sit in echo chambers filled with people like Miranda – remember who to blame.
If you’re still here.
@MarkoMatvikov They think investing has no risk. It's called risk/reward..the prefer to tank the economy for its easy tax grab instead of putting a LNG import royalties tax on offshore.
These idiots are clueless..
BREAKING: RBA keeps interest rates steady.
This is a welcome reprieve for many Australians with a mortgage.
At a time when conflict in the Middle East is adding to inflation and interest rates are rising in parts of the world, this is an encouraging outcome.
We recognise people are under considerable cost of living pressure and we're taking action, including cutting taxes five times in three ways, delivering cheaper medicines, more bulk billed doctor visits and the temporary cut to fuel excise.
At 7.55 ..this guy is covering up a lot. This reform was done so quick they can't remember if its night or day..Labor sham Tax
Senate Economics Legislation Committee | Sydney, NSW | 16/06/2026 https://t.co/twKu4TiyOP via @YouTube
Senate Economics Legislation Committee | Sydney, NSW | 16/06/2026 https://t.co/JBDVi9Suet via @YouTube
at 7 hours 37 minutes..Labor have not even read all the https://t.co/WeYuFmBPJu they have not separated the costings of Negative gearing and CGT on how much they will achieve....A total balls up...its all a sham..because they are going broke as a Government
Gotta listen to the last five minutes here..
A couple business leader didn't fully disclose their links with the Labor party in the Government Economic discussion.
https://t.co/ah1KEGFXU4
100%..Labor scared to say its the population increases.
It's just not politically correct..
Its all smoke and mirrors
Target those that take risks out of post taxed income tax
Totally retarded..
They are blaming everything else..thinking taking away the tax incentives will solve this..
Bloody idiots
The CGT discount may have raised house prices when it was introduced in 1999. But unless the discount keeps getting bigger every year, it doesn't keep pushing prices up every year.
Immigration is different. New migrants arrive every year, increasing demand for housing every year.
That's why immigration can continue to put upward pressure on prices and rents today, whereas a tax change from 27 years ago cannot.
Also, the CGT discount doesn't explain increasing rents - whereas immigration explains increases in both house prices and rents.
100%..Labor scared to say its the population increases.
It's just not politically correct..
Its all smoke and mirrors
Target those that take risks out of post taxed income tax
Totally retarded..
They are blaming everything else..thinking taking away the tax incentives will solve this..
Bloody idiots