@SincDavidson Yes, and the marginal valuation overstatement by the agency is unnoticed or not worth challenging.
They set the rate, administer the method, and run the appeal process. Completely stacked against taxpayers.
Rich World Net Zero has a tiny impact
Even if the US, EU, UK, Australia, Canada, Japan, and the rest of the rich world go Net Zero by 2050
it will only reduce global temperatures by 0.10°C (0.18°F) in 2100
Still, it will cost $100s of trillions
https://t.co/88qhA6UIcp, https://t.co/1ey8ZacGPB, https://t.co/FwQYq8ri6H
The Australian economy is cactus
It's just a voter importation machine blowing a housing bubble that's maxed out household debt
The implosion is going to be catastrophic
totally normal
6.85% per annum
fake CPI has averaged 2.66%
broad money supply 8.32%
it's all currency debasement
from money printing + home loan issuance
🇿🇼
For 35 years, governments have signed dozens of climate treaties, from Kyoto to Paris to COP after COP.
Trillions of dollars have been spent. Entire industries reshaped. Yet none of it has had any measurable impact on the climate system, or even slowed the rise of atmospheric CO2.
If this were really about environmental results it would go down as the biggest policy failure in history. But measured another way, it has been wildly successful - at enriching politicians, bureaucrats, and the well-connected who profit from subsidies, carbon credits and green mandates.
The planet hasn't changed, the balance sheets of political opportunists have.
Gerard, I’m curious, what is your party’s proposed top marginal tax rate? That’s where it matters for CGT. You are correct, capital return and income return differences do not matter if you suggest a low top rate of under 20%.
I looked at the People First website site which suggests tax policy at the low-mid income end. What is the PF policy re: TMR?
BTW - you are incorrect about ‘houses’ not depreciating. Buildings definitely depreciate. Land may appreciate.
Jim Chalmers is predicting Australians will ‘over time’ forget the anger they feel about broken promises in the May budget as investors say the CGT carve-out was too narrow and would curtail investment. Buget 2026: https://t.co/GgannUqXmr
Wrong way, turn back. This @CISOZ Paper examines Australia’s current economic settings & direction, contrasting on the choices and reforms by Hawke/Keating. Those reforms now being unwound, underpinned the greatest era of prosperity in modern Australia.
Listen here:
https://t.co/kPqJkOM8xg
@Mon4Kooyong This is not a win. The entire proposal should be rejected for the anti-investment; anti-entrepreneurialism and anti-aspiration train wreck that it is.
Being less bad, is not good. Don’t gaslight people.
Monique you are totally delusional if you think this is a win. Don’t gaslight the Australian people like @JEChalmers and @AlboMP The new CGT should not include any Australian businesses. These announcements are window dressing on @AustralianLabor s economic vandalism.
The new CGT will crush aspiration, deter productive investment & hammer the very people trying to build a better life in Kooyong. Stand up for all Australians and STOP this insane CGT on all Australians businesses!
#AussieDreamKiller #AspirationTax
My column: Experts keep finding landmines in the Budget handed down last month. These improvised explosive economic devices could blow up the Australian dream. Read the full story here 👉 https://t.co/QFWPbBRek7
The next steps in implementing our tax reform agenda are all about providing more certainty for investors, more support for small business, and also more incentives for innovation.
My cousin bought a Tesla Model X eight years ago for $280K. Now he can’t get $80K for it. $200K in 8 years. That’s $25K per year depreciation; or $500 per week 😳
The fastest way to lose money? Try selling your almost new EV https://t.co/8tZEjY3In4