@DerekFranc90653@NORTAG_Media@JEChalmers@GeoffWilsonWAM@chrisbrycki This is terrible, look at how they are smashing the lower income brackets. Typically, young people trying to get a start. Everyone loses. Only a matter of time before sense prevails and this gets walked back.. in shame.
A land of aspiration and ambition.
A land that gives everyone a fair go.
So then create an environment that does that.
@AlboMP s Government is doing the complete opposite with their changes to Capital Gains Tax.
We need policies that encourage aspiration and ambition not punish it. #ScrapTheCGTHeist #StopTheCGT
#AspirationNation
@chrisbrycki or vote them out and reinstate sanity, possibly with some capital enhancements. best advice is don't realise gains and sit tight for the next 2 years. these reforms are diabolical. adam smiths invisible hand will do the work. Albo and small boy jim won't know what hit them
@bensmithrugby Worth noting that it was South Africa’s C team. All Blacks big guns very porous against France B leaking tries with every entry into the 22.
Absolutely spot on, Leigh.
Australia’s early-stage investment has been sliding since 2024 and @AlboMP & @JEChalmers ‘s insane CGT changes will supercharge the decline and exodus.
Founders are already building internationally from day one. Why would they stay and face this punitive tax on the very capital they need to scale here?
This isn’t “reform” it’s economic self-harm. Weak growth since the early 90s recession, as Michael Read @FinancialReview highlights, demands the opposite: reward risk-taking, entrepreneurship and mobile capital.
Wake up @ausgov time to reverse this before we lose another generation of Australian success stories.
#CGT #Startups #AspirationEconomy #ScrapTheCGTHeist
Please retweet! Bombshell; young people in deep trouble with new CGT! Paying 50 per cent tax rates; ability to save for house deposit, significantly impaired!
https://t.co/Q9VEBqfdbV
@DerekFranc90653@ALeighMP@GeoffWilsonWAM That will only happen if the advocacy from people like you, Geoff and Chris cuts through and if the Liberals and ON get their act together and land the messaging before it’s too late
Another term of this economic vandalism and the country loses its viability.@chrisbrycki
✅ This is gold. Compulsory viewing 👇 Three of the best pods absolutely dismantling the insanity of the world’s highest CGT regimes, exactly what Australia is sleepwalking into with @AustralianLabor ’s latest economic vandalism.
This is a war on aspiration, investment, and mobile capital, it isn’t “fairness”. @AlboMP & @JEChalmers are turning Australia into a high-tax retirement village while productive economies thrive.
Time to fight back hard. Australia needs to incentivise new investment, and stop punishing success.
RT if you agree. #StopInsaneCGT
#StopTheCGT
@GeoffWilsonWAM@JEChalmers Thank you Geoff, we must stop these insane CGT reforms. Talent and capital will move offshore.. smaller very boring economy loading
So to 9 million Australians who own shares directly, and the over 50% of 25-34 year olds that own shares or crypto; your new CGT tax rate is > 50%, the highest in the world, over 140% above the international average, and no amount of dishonest piss & spin from Jim changes that.
Exactly. Australia now has the world’s worst CGT regime after the @ausgov and @AlboMP changes. The highest effective rate on real gains, punishing productive investment.
This is economic self-harm. @AlboMP backflips and contempt for basic questions just prove it.
Time to reverse this vandalism before it destroys aspiration, startups and our future.
RT if you agree 👇
Yesterday Treasurer @JEChalmers chose to target critics of his destructive CGT changes, on Australian businesses, from Coward’s Castle instead of defending the policy. He claimed parties vote the way “Gina Rinehart and Geoff Wilson” tell them to.
This is deflection, not debate. I will benefit commercially from his insane new CGT and am still opposing it because it will bring significant harm to Australian businesses, entrepreneurs, workers and productivity.
I challenge @JEChalmers to a public debate outside Parliament.
Personal attacks don’t create jobs. Good policy does.
#auspol #AussieDreamKiller #AspirationTax