vedantchandra

Awaiting god candles on $COTI

[vedantchandra @vedantchandra1]

@ThaEuropeanLad Austrian defenders can’t hold the line. If Spanish players make runs behind them and can be clinical, there is no way on earth Austria is not losing this one

[CurrentViewpoint @lounge_pc97308]

🚨 FORMER RBA GOVERNOR PHILIP LOWE HAS DELIVERED A DAMNING WARNING ABOUT LABOR’S TAX CHANGES.

Lowe says extending the capital gains tax reforms beyond housing could be to Australia’s detriment and weaken the investment needed to grow the economy.

His message cuts through the political spin: Australia is spending too much time arguing about how to divide the economic pie and not enough time making it bigger.

Higher taxes and more complex rules may sound like “fairness” in Canberra, but if they discourage investment, productivity and business confidence, ordinary Australians ultimately pay through fewer jobs, weaker wages and higher costs.

A strong economy cannot be built through redistribution alone. Australia needs investment, enterprise and genuine growth.

Has Labor created fair reform or another brake on Australia’s economic future?

#PhilipLowe #Labor #TaxReform #CapitalGainsTax #AustralianEconomy #Investment #Productivity #CostOfLiving #JimChalmers #Auspol

[MichaelinMelbourne @Michael94858047]

HERE HE GOES AGAIN!

ANOTHER LIE!

Albanese just doesn’t STOP!

[FUBAR @GreenFraudcom]

Being a crypto bro in my home Australia means 25% corporate tax for qualifying companies, and up to 47% on the rest when I cash out.

Make a million dollars profit after taking all the risk?

• Company pays $250k corp tax → $750k left.

• Distribute (franked or unfranked) at the top rate and you walk away with roughly $530k net.

Let’s say I buy a $250k company car: I can only claim depreciation (business portion), and if I lease it over 12 months without a proper logbook, I get hit with Fringe Benefits Tax.

I get fucked in several ways, left right and centre.

Meanwhile, I stay in Thailand, paper-move my crypto, and that million is all mine thanks to 0% on crypto capital gains for 5 years via licensed platforms.

Then my money comes back tax-free and snaps up fire-sale bargains as a result of the government’s stupidity, at the cost of everyday Australians.

The thing is, I’m not an isolated event.

Capital will flee Australia, and the government will try to squeeze more blood from the stone.”

[Covie @covie_93]

BREAKING: FIFA peace prize recipient is bombing Iran a day before the start of the FIFA World Cup.

[Gerard Rennick @RennickGBR]

Putting aside the complexity of the proposed CGT changes, there is a simple illustration of why the minimum 30% tax rate just seems unfair in our system.

Someone on $190,000 of earned income a year has an effective tax rate of less than 30%.

Anyone under that (most Australians) will have a lower effective rate.

Yet, if they make a capital gain as part of their income, it has a minimum rate higher than their marginal tax rate. High income earners aren't affected because their rate is already higher.

So the proposed system only penalises lower income earners.

There are many flaws in this legislation, but the minimum tax rate seems to be the worst one in my view.

[katy 🌸 @KatyKray73]

Spotted in Copacabana, NSW near Albo’s negatively geared cliff top mansion. 👏🏼😂

[Arrow Investor @ArrowInvestor]

NZ Prime Minister Standing right next to Albo, says CGT would be a wrecking ball to The NZ economy.

Sooo good! 😂

[James Tate @JamesTate121]

Massie almost connected the dots.

[Pledditor @Pledditor]

Charles basically telling $ADA holders it's over...

[✘ @CallumLFC_]

It was never in doubt 💎

[𝗜𝘃𝗮𝗻 𝗦𝗰𝗵𝘄𝗮𝗸𝗼𝗳𝗳 @Ivan_Schwakoff]

Offered £50,000 a week at 15 years of age to leave Liverpool

Turns it down and commits to the club

Many feel he could be a generational talent

Well done Josh Abe 👏

[aushousing watch @aushousingWatch]

via Westpac. https://t.co/ciDRYknTV2

[Luke Cashmore @___Cashy]

INSANE 🚨 Australia’s new CGT rules = double taxation madness for top earners (47% bracket):
1. Earn $1,000 income
• Taxed at 47% = $470 income tax
• Left with $530 to invest
2. $530 investment doubles to $1,060
• Capital gain = $530
3. Under new rules (replaces 50% discount — real gains taxed at full marginal rate up to 47%)
• CGT at 47% on $530 gain = $249 tax
4. Total tax paid: $470 + $249 = $719
5. Final amount kept: $1,060 − $249 = $811
You started with $1,000 pre-tax earnings.
Government took $719 in taxes.
You end up with $811 — even after doubling your after-tax money.
Work once → taxed at 47%.
Save & invest → taxed again at 47%.
This is why the new CGT changes kill incentive to work, save and grow wealth. 🇦🇺
#AussieTax #CostOfLiving #TaxReform

[Bull Theory @BullTheoryio]

🚨 Indian Rupee just hit a new all time low against the US dollar.

The rupee has now lost over 25% of its value against the USD in the last 5 years.

[Old Soldier @OMGTheMess]

Got a letter from the ATO about amending my return

I just told them

I changed my position

[Carl Moon 🌙 @carlmoon]

This is actually unreal🤯

A guy just recovered 5 BTC ($400k) that had been locked in his wallet for 11 years.

Back in 2015 he got high, changed the password, and forgot it by morning. The coins sat there untouched ever since.

He tried 3.5 trillion brute force combinations. Paid recovery services. Nothing worked. He gave up.

Yesterday he uploaded his entire old college hard drive to Claude as a hail mary.

Claude dug through the files, found an older backup wallet, figured out the encryption format, and cracked it on the first try.

$400,000. Recovered by an AI chat.

[0xMarioNawfal @RoundtableSpace]

A CHINESE STUDENT STARTED TRADING 2 DAYS AGO WITH $0.90 AND TURNED IT INTO $408,292.

Someone reverse engineered his bot in 20 minutes with one Claude prompt. It doesn't predict the market. It exploits the latency.