ShereeSF

Accountant, commodities trader and gardener. Conservative values, practical thinking, and a love of things that grow. Helping others build awesome businesses.

[Aus Integrity @QBCCIntegrity]

@MarkoMatvikov Can’t, or won’t?

[David McMahon @David_McMahon75]

I am sick of the government and tax academics gaslighting us on this 30% minimum CGT. Their argument is that people are engaging in some kind of "tax avoidance" by accumulating assets through their lives, deferring those gains and selling near retirement when their marginal tax rate is much lower.

This is a spectacularly stupid argument. People sell assets later in life not because they are engaging in some kind of elaborate tax dodge. Most of the time it's because that's when they need the money. This is basically just how long-term savings works.

Similarly, if someone starts a small business and then sells it later in life to fund their living expenses, they are not engaging in tax avoidance. They were just deferring consumption. This stuff should be obvious.

[Damo @Damian_fasciani]

@LiberalVictoria I’ve built a website to inform voters in Victoria how bad our state has become under Labor and Jacinta Allan. I’m hoping you’ll share. We need change https://t.co/fbcdHunyoj

[Robin Dods @toy59496]

Over 1000 Submissions to Senate Enquiry on CGT

One of our agents have been in touch with the Senate this morning.

There were over ONE THOUSAND submissions.

They stated there was no way they will all be published before the hearings begin, they are just not capable of that turnover.

They understood that this could be interpreted by some as a deliberate white wash. They assure us that is not the intention.

The lack of disclosure and transparency should be placed right at the door of Anthony Albanese and Jim Chalmers for this Whitewash.

If they are so confident of the wisdom of their plan why have they silenced over 90% of submissions?

It's a disgraceful abrogation of their fiduciary obligations to open and transparent governance.

@mcranston1 @PhillipCoorey @GeoffWilsonWAM @PaulineHansonOz @AngusTaylorMP @ajamesbragg

[Ulrich @UlrichFY]

Cette vidéo est un véritable cauchemar éveillé pour l'écologiste décroissant.

Un robot qui traque la nuit les pathogènes et les nuisibles à la lumière ultraviolette, sans un gramme de produit chimique, ce n'est pas un gadget... De quoi faire s'effondrer toute la théologie écologiste. Ici, c'est bien l'entrepreneur et le marché qui offrent une solution réellement efficace aux défis environnementaux.

Pas de contrainte, pas de retour en arrière et pas de renoncement. L'entrepreneur résout le problème en créant de l'abondance là où l'on nous promettait la pénurie. Le rôle du progrès a toujours été celui-là : produire de l'abondance à partir de la rareté naturelle avec comme moyen ultime l'ingéniosité humaine.

Reste alors une question : si la technologie résout réellement les problèmes que l'écologisme prétend combattre, pourquoi l'écologisme la déteste-t-il à ce point ?

Tout simplement parce que ce qu'il veut, ce n'est pas une nature préservée, c'est une société administrée, dont il serait aux manettes. Comme toutes les autres idéologies constructivistes, socialistes et collectivistes, ce qui importe vraiment à l'écologiste ce n'est pas de résoudre les défis de son temps, c'est de régner sur les hommes de son temps.

Le héros sera toujours l'entrepreneur, jamais celui qui le déteste.

[Carol Roth @caroljsroth]

The problem with many non-profits is that they get paid for "trying," not for "succeeding."

That's why profit is a powerful and effective motivator.

[The Ashman @ashman_the]

If people directed their outrage to politicians and how they waste tax payers money rather than people who minimise their tax, the world would be a much better place.

You’re all angry at the wrong people and the meltdowns on here are both sad yet funny.

Grow up.

[J Stewart @triffic_stuff_]

🔥 Jeremy Clarkson had a fiery clash with BBC’s Victoria Derbyshire at the farmers’ protest against Reeves’ inheritance tax raid on family farms.

Victoria went straight for the gotcha:

“So it’s not about you, it’s not about your farm and the fact you bought a farm to avoid inheritance tax?”

Clarkson, visibly stunned:

“Classic BBC there, classic. The ‘fact’ that I bought a farm to avoid inheritance tax? The ‘fact’?”

Victoria doubled down: “You told The Sunday Times in 2021 that’s why you bought it?”

Clarkson, laughing in disbelief:

“These people… BBC. Let’s start from the beginning. I wanted to shoot. That’s even worse to the BBC. Which comes with the benefit of not having to pay inheritance tax.”

He pointed out the tax isn’t even an issue for him personally as he can simply put the farm in a trust, but he’s standing with ordinary family farms that will be hammered.

After sparring over the real numbers affected, Clarkson urged the government to U-turn.

Victoria: “And get the money from where?”

Clarkson: “Walk into any of the offices around here and if you don’t understand what somebody’s job is, fire them.” 😂

Classic Clarkson.

[Marko Matvikov @MarkoMatvikov]

Labor’s going to lean heavily on shallow voting record attacks - here’s how it works:

> Package legislation under a slogan - ‘higher wages’, ‘cost-of-living relief’, ‘cheaper medicines’, etc.

> Claim that anyone who votes ‘no’ to the bill is opposed to the slogan - while dismissing scrutiny of the actual detail

> Ignore legitimate concerns about effectiveness, trade-offs and unintended consequences buried in the fine print

> When the outcomes don’t match the slogan, blame those who voted ‘no’ while insisting the intentions were good

All while holding a majority in the lower house and support from the Greens in the upper house - meaning they didn’t need their opponents’ support anyway.

So don’t be fooled by these attacks - a bill is not a slogan.

And bad bills destroy lives.

[ShereeSF @ShereeSF1]

@catturd2 That presumes the lefties work and have a pay check.

[ShereeSF @ShereeSF1]

@michaelsnape This annoys me. They took on a loan KNOWING it was to be repaid. Why is their education not valuable enough for THEM to pay back but taxpayers as a whole should? The # dont add up. How is she only paying such a small amount back? & not good ROI for her investment in herself.

[Mr. Star Spangled MAGA @4thOfJuly365]

I know how Elon Musk became a trillionaire, but I don't know how Bernie Sanders, Elizabeth Warren, and Nancy Pelosi became millionaires.

[ShereeSF @ShereeSF1]

@OMGTheMess It’s all they have. There’s no substance & they’ve been allowed to get away either saying and doing anything with no accountability. They don’t know how to counter real opposition who punches back.

[Diego Angulo @AmoaHamlet]

10 CONTRADICCIONES DE LA IZQUIERDA

El zurdo no sabe que hacer con su vida, pero con la tuya lo tiene muy claro.

El zurdo no puede administrar su propia economía, pero quiere administrar la tuya y la de los demás.

El zurdo no sabe hacer empresa, pero tiene cientos de ideas para regular empresas ajenas.

El zurdo no deja que un desconocido administre su salario, pero quiere administrar el tuyo.

El zurdo no trabaja gratis, ni siquiera trabaja en primer lugar, vive del esfuerzo ajeno.

El zurdo no permite que otros revisen sus gastos personales, pero exige supervisar los de empresarios y consumidores.

El zurdo protege celosamente sus pertenencias, pero considera sospechoso que tú hagas lo mismo.

El zurdo no entrega voluntariamente más dinero del que desea, pero quiere que otros sean obligados a hacerlo.

El zurdo no acepta órdenes de extraños sobre cómo criar a sus hijos, pero quiere imponer reglas sobre los tuyos.

El zurdo no quiere usar sus recursos en sus propios proyectos, quiere que tú los financies.

[Aus Integrity @QBCCIntegrity]

Talk about nimble enough to provide transparency boosts on the fly!

One Nations responded to naysayers like Albozo and Swanny detailing origin, initial, amounts, total donors and total amount - all live.

Australians are angry & dead serious
FIRE THE LIAR - $3.5m in 3 days!

[Katherine Deves 🇦🇺 @Katherine_deves]

Fellow Aussies, who else is sick to death of working your guts out?

The money you earn three days out of five goes to the government, not only to squander but to give to foreign criminals for “damages”

Potentially tens of millions of our hard-earned cash is going to foreigners who commit violent crimes - people we don’t want in our communities in the first place.

Labor failed to fix the legislation before the NZYQ decision, leaving us stuck with 300+ unwanted, freeloading foreign criminals roaming our streets. We all know how well that turned out.

The useless Alboshevik and communist Canberra clown show have failed to sort it, leaving hardworking taxpayers to pay the massive legal bills and now potentially damages.

Australians - we are a sovereign nation. Vote for legislators who prioritise Australians, not grifting foreign criminals.

#australiafirst

[Gerard Rennick @RennickGBR]

“Not once, not twice, but thrice – that is how many times the former head of the Construction, Forestry, Maritime, Mining and Energy Union,Michael O’Conner allegedly told his union colleagues to inflate the cost of its promotional contract with the superannuation fund he also chaired.

First Super is a small $5.3 billion fund run for timber and joinery workers. O’Connor sat on the fund’s board as co-chairman from 2008 until 2024, after being nominated by the manufacturing division of the CFMEU, which was a shareholder in the fund.”

In October 2019, the Australian Prudential Regulation Authority alleged that a conflict of loyalty had emerged for O'Connor.

APRA has claimed in court documents that rather than look after the best interests of First Super and its nearly 80,000 members, O'Connor told a union colleague that the renewal of a promotional deal between the fund and the CFMEU was instead an "opportunity to get some money out of the fund".

The contract was initially agreed in 2017 and involved First Super outsourcing member engagement work to the CFMEU, which charged a flat fee and also invoiced for contractors employed to do the work on behalf of the fund.”

••••••••••••

How typical is this. Unions using your super for their own gain.

Nor is it surprising that the union offical is the brother of Labor Minister Brendan O’Conner.

It’s so blatant it just beggars belief that people still try to defend superannuation.

It’s nothing more than a slush fund for rent seekers particularly the Labor party to clip $40 billion in fees and perks from every year.

It’s time to make superannuation voluntary and stop ripping workers off.

With household debt at record highs and interest rates rising people should be able to pay their mortgage off rather than risk it on dodgy paper assets.

If you want to keep your wages in your pocket and not theirs sign up today at https://t.co/PeAaJW2pjF

[Pauline Hanson 🇦🇺 @PaulineHansonOz]

Breaking News: Liar accuses other people of lying

[One News Australia @OneNewsAu]

🟠 LABOR RECEIVED $36 MILLION IN PUBLIC FUNDING. WHERE IS LABOR'S AUDIT? 🟠 Anthony Albanese spent two days demanding One Nation prove its donations were real. So let's talk about the money nobody's allowed to ask him about.

THE QUESTION HE NEVER HAD TO ANSWER

The CFMEU has donated $4.3 million to the Labor Party, a figure on the parliamentary record. Liberal MP Zoe McKenzie told Parliament the fuller number is $11.5 million in donations and support under this Prime Minister's leadership. The government that took the money abolished the ABCC, the watchdog that prosecuted the union's lawbreaking, and two years later the union's construction division was placed under administration over corruption and bikie infiltration.

THE $36 MILLION FROM TAXPAYERS

While the argument ran over whether One Nation's $59 donors were real, the Daily Telegraph published an analysis of AEC public funding from the last election, reported by Sky News today:

• Labor: more than $36 million
• Liberals: more than $28 million
• Greens: more than $12 million
• One Nation: $6 million
• Nationals: $4 million

THE AUDIT ONE NATION DIDN'T HAVE TO DO

One Nation produced a source code audit inside 48 hours. Software engineer Daryl Monnink reviewed the website's code and live databases and found the $2.2 million counter includes only successfully received and validated donation payments. 28,000 donors, $59 average, and Sky's independent tech experts backed the findings.

Labor's $27 counter campaign has no live tally and no published total. Hanson's number, sourced to the grapevine, is about $20,000. Labor won't confirm or deny it, and under the disclosure rules running until January, it never has to.

One more thing. The $50,000 donation caps that would've changed all of this were Labor's own law, due 1 July. Labor delayed them to January 2027.

Read the full story here: https://t.co/tz6aWUWrKu

[Geoff Wilson @GeoffWilsonWAM]

Big thanks to @PhillipCoorey, @MatthewCranston and the free press for putting real pressure on the @AustralianLabor Senate and exposing the initial whitewash attempt on the CGT inquiry. Invitation landed at my personal (which is strange) email address this morning at 11.21 am. Lets hope the other high quality submitters have also been invited @chrisbrycki @DerekFranc90653 @sterndavidi @HIA_au
@FinServCouncil etc etc. Let’s hope some sanity is returning and they’re now open to hearing from actual investors and capital managers. Still a rushed farce. Anyway I’ll be there Tuesday making the case against this attack on aspiration, startups & productively. We must stop the insane CGT on Australian businesses!
#AxeTheCGTHike