Not interested in being argumentative. If you disagree with my opinions or tweets, just scroll on by. None of my posts are assumed to be facts, merely opinions.
A super Fund sells a share, pays 10% tax
A foreign managed investment trust sells a share, pays 15% tax
You or me, sells a share we pay 30% tax.
How is that looking after Australians ?
A few weeks ago we broke news Thales and the Australian gov are making explosives for the IDF. I assume you've noticed mainstream press hasn't followed this up? Anyway, I'm sure it has nothing to do with anything, but Thales is a sponsor of the National Press Club.
@Ben_Davison1 The tax grab is on all asset classes, not just negative gearing on housing. The carrot was intergenerational fairness, and they've just made middle and low income workers poorer with these changes. They should be addressing housing supply and removing red tape on construction.
As a young Australian, this framing ignores opportunity. Concentration of capital gains is not proof the reform helps young people build wealth. The policy replaces the 50% CGT discount with indexation plus a 30% minimum tax, affecting shares, trusts, startups, employee equity and long-term investment. Lower after-tax returns reduce the incentive to take risk
@JEChalmers If the top 0.2% of CGT payers are earning 60% of capital gains, why did you introduce a 30% minimum capital gains rate that by definition only applies to low, middle and part time earners?
You've made the system LESS progressive, instead of targetting the ultra-wealthy.
Despite all the hype around @GetUp's stunt - re security etc, it's important to note not one person on the #OneNation side of politics has claimed the banner was defamatory. That's because it's not. The message was entirely factual. That's the real issue for ON. #auspol
So, let's recap, shall we?
This week the @PressClubAust managed to:
* cancel at the last minute, the questions and subsequent presence of renowned journalist Margo Kingston, who’d travelled over 2 days to Canberra to ask her question of Pauline Hanson – and yes, they were questions initially requested and organised by the Press Club itself 9 days ago.
* cancel the press gallery membership of long-term journalist, Greg Jericho, allegedly because he works for the @TheAusInstitute. Although Greg has been employed by the Aust Institute for 4 years, his membership cancellation only came yesterday after he publicly called out the Canberra press gallery - which is of course a highly fortuitous coincidence and not at all connected to his criticism.
* somehow allowed a person or persons unknown to enter the Press Club premises and put up a 3 metre wide electronic banner, without anybody in the Press Club noticing them doing it. How several people enter a private club carrying something that large, then proceed to wire it up on an open stage and nobody at the premises noticed in any way, is yet another display of the NPC’s staggering incompetence.
* release an unnecessarily detailed, high-school level statement about said banner incident, a statement that reeks of defensiveness and hysteria, while also prejudicially naming an alleged culprit and arguably sinking to the bottom of the barrel in terms of the journalistic standards it supposedly represents. Read it below and remind yourself that people who work with words for a living wrote that.
* allowed the speaker, Pauline Hanson, to defame one of their own - a journalist from the Guardian who dared to ask a hard-hitting question - by calling her "trash". This was only weeks after calling the same journalist a "nasty bitch". Mirroring, Trump’s “Quiet piggy” incident, the journalist's alleged colleagues all sat mute, as did the moderator, Tom Connell from Sky News during the abuse. No rebuke, no blow-back, no support for their fellow journalist, standing alone under Hanson's hissing vitriol. Just pusillanimous silence.
The National Press Club outdid their already dubious reputation this week, spraying themselves in a spectacular shower of self-inflicted shit – wall to wall, dripping effluent.
Australians currently suffer some of the most timid, captured political journalism in the western world, and if the actions of the #NPC this week are the metric, then we can all see why.
What a national and international embarrassment of an organisation meant to serve as a vital democratic institution and a cultural conscience – and one that has offered us neither.
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Javier Bardem at the ceremony leaving his footprints at the Hollywood Walk of Fame's Chinese Theatre:
“In Gaza, along with the brutal violence of the settlers in the West Bank, they both are crimes that frame us all in this time in history.”
Trump Tower Was Ground Zero For Epstein's Sex Recruiting — And The Bait Was Trump
How much more damning can it get?!! This is completely fucking insane.
According to a buried FBI interview from June 19, 2020, in the early 1990s the public atrium of Trump Tower was being used as an open hunting ground for young women and children.
A woman who worked at a nearby luxury shoe store was studying on her lunch break when two men approached her. They were openly "constantly picking up" women in the building.
One of them immediately started the pitch:
"You know who Donald Trump is?"
"Want to meet him?"
"You don't need to work so hard going to school."
Winked and said Trump "could do whatever you liked."
When she declined the clear sex offer, they switched to:
"Come to a party then." She could bring a friend — as long as the friend looked like her and wasn't a man.
The invitation had Jeffrey Epstein's address.
After she said no, the death threats began. They knew exactly where she worked. For the next six months she watched the same two men escort girls who looked 15 or 16 years old up the escalators inside Trump Tower.
Trump Tower wasn't just a building. It was Ground Zero for Epstein's pedophile sex trafficking — and operating in plain sight, in Trump's own flagship property.
Every fucking day we understand why Trump is hellbent on NEVER allowing the Epstein files to see the light of day. This is beyond damning.
“Doreen Langham went to Police 16 times in 16 days.”
Andrew Brown - Australia's domestic violence crisis. Part 3 on the police, courts, politicians & agencies
#auspol
https://t.co/0z27b9fSmt
Exposed: Pauline Hanson in Hot Water as official identified as white supremacist who defends Nazi Hitler Youth, advocates White Australia Policy & spews racist bile online. Says he’s “proud” to work for Hanson. Clearly fits in.
This is the rot at the heart of One Nation. #auspol
Every month it climbs higher.
I'm old enough to remember when the minimisers said that Covid infection can't cause immune dysfunction because active TB cases weren't rising.