Unrealized gains tax for Gen-Z:
You buy a Pokémon card for $50.
Someone offers you $500 for it. You say no. You love that card. You're keeping it.
The government says: "Cool, but that card is worth $500 now. You owe us $100 in taxes."
You: "…I didn't sell it."
Government: "Don't care. Pay up."
You don't have $100 lying around. So you're forced to sell the card you love just to pay a tax on money you never received.
Next month? That card drops back to $50.
Your card is gone. Your money is gone. And the government shrugs.
That's a wealth tax on unrealized gains. They don't pay you back the tax...
Now picture this.
Your mom calls you crying. She has to sell the house she raised you in. Not because she can't afford it. She's lived there 30 years. It's paid off.
But some website says it's worth more now and the government says she owes $15,000 she doesn't have.
So she sells your childhood home. The kitchen where she made you breakfast. The doorframe where she marked your height every birthday.
Gone.
To pay a tax on money that was never real.
Now picture the opposite.
Your dad put everything into his small business. For 20 years he built it from nothing. One year the business is "valued" at $2 million on paper. He owes a massive tax bill. He empties his savings. Sells his truck. Borrows money. Pays it.
Next year the market crashes. His business is worth $200,000.
He lost everything to pay a tax on a number that doesn't exist anymore.
Does the government give him his money back?
No.
Does the government give him his truck back?
No.
Does the government care?
No.
They sold this idea as "taxing billionaires." But billionaires have armies of lawyers, offshore accounts, and trusts. They'll be fine.
You know who won't be fine? Your mom. Your dad. Your neighbor with a small business. The farmer down the road who's had the same land for four generations and now has to sell it because dirt got expensive.
You're not taxing wealth. You're taxing people for owning things.
It's like getting a parking ticket for a car you might drive somewhere someday.
They want you to own nothing and be happy. To fund the fraud, waste and abuse of the welfare state they created.
There is enough money. More tax isn't needed. It's all a lie. But you've been gaslit into believing this is a rich vs poor debate.
I hope you understand what's at stake.
BREAKING: Boris and Sofia Gurman, 69 and 61, have been identified as the couple who heroically tried to stop the terrorist as he exited his car before the Chanukah massacre in Bondi Beach.
The couple attempted to prevent him from opening fire. After several minutes of struggle, the gunman overpowered them, regained his weapon, and shot Boris and Sofia.
Boris and Sofia’s selfless act of courage will never be forgotten.
May their memories forever be a blessing.
Capital Gains Tax On The Family Home
Sounds crazy, hard to believe, this can’t be true, no, no way, that’s just wrong?
That’s what these Labor Communist CNUTS are planning, so START EXPLORING YOUR WHAT IF SCENARIOS & or OPTIONS NOW!
OH ! First 50% of sale price will be exempt and tax payable at 46 cents in the dollar on the balance.
Works out Labor will get appx 25% of your sale price.
Stay tuned Labor Voters, you will be bent over and screwed hard along with the rest of us.
#StupidCunts
Australia's eSafety Censorship Commissar has been accused of using research to mislead Aussies about the social media ban for under 16s. Julie Inman-Grant repeatedly refused to release the full study but sky news got it through FOI. The results are damaging to her credibility imo. It in fact, found that YouTube was one of the safest platforms for key risk concerns such as grooming, sexual harassment and bullying. Children are more likely to be bullied via text messages than on YouTube. X, the platform she keeps taking to court (at taxpayer's expense), didn't even appear to be included separately.
See full sky news article and details below.
@abcnews Tyrannical communism.
Australia is no longer a free country.
Censorship and government overreach.
We are no longer a liberal democracy.
This is disgusting.
LNP has been destroyed by one man.
The biggest narcissistic snob in Australia.
Malcolm Turnbull.
He destroyed a great leader in Tony Abbott by ganging up with all the bed wetters from the left.
Now, he has helped destroy the party to get his revenge.
Thank him for Labor.
Rise Up Australia!
Excellent to read thousands are honouring our forefathers today
Even better news to hear the Welcome to Country Charade has been resoundingly rejected
There’s still hope for change on May 3
Just a reminder, we only take our country back by putting Labor/Teals/Greens LAST, there’s no other way to do this