AEH

@atwilliams0708 @InformDB @SimonBanksHB Dying doesn't alleviate responsibility to pay tax on your earnings - whatever form those earnings take & trusts shouldn't be able to bypass tax system just because they form part of the proceeds of a deceased estate. After my 1st husband died I had to pay a tax bill on his behalf

@Anne_E_Huth @InformDB @SimonBanksHB Use whatever “weasel words” you want, but it tax payable for no other reason than a persons death.

If you repeat the line "death tax" as a journalist Without making clear it is an LNP or conflicted tax adviser's talking point that has no substance in fact or law Then you aren't a journalist There is literally no element of the ALP's policy that supports that claim

Media already stressing over another overblown "death tax" budget claim. Let's have perspective: - all current trusts exempted (as per budget papers) + other trusts remain - richest 10% = 90% of trust wealth (budget) - latest stats from 2023, likely <10k trusts of this type (SMH)

@InformDB @SimonBanksHB @atwilliams0708 And it still wouldn't be a death tax - just normal taxation on the profits/capital gain according to the tax law at the time. A death tax is a tax on the whole value of the deceased estate.

No. Under the proposed Chalmers changes: - the 50% discount would be replaced by inflation indexation, and a 30% minimum tax on net capital gains would apply from 1 July 2027. This is far from “exactly the same”…. In fact estates that sell then distribute ( as in the example being posed ) would likely pay much more tax. Hence this is a death tax by stealth. Journalists MUST ask more questions about this!

@Trev__Says @Judith54Nunn @senatorbabet Under those rules not many women would want to be in a household based relationship. Men (not all but most) would be self defining as 'head of the household' taking away the women's right to vote. The system would be overwhelmed with divorces. Goodbye to marriages.

This mysogonistic cunt is on another planet. "The man of the house chooses how the whole family vote" . I thought @SenatorBabet was against sharia law?

@QandAinPublic @AaronDodd Only if your marginal tax rate is 47%. Depending on your marginal tax rate it could be as low as 30%. Also the original purchase price will be adjusted by CPI for each year the asset is held. Only after this adjustment will profit be calculated.

@AaronDodd Huh, that's the new tax that was introduced. If you sell your business you pay 47% tax.

All the small business people posting the AI generated meme claiming Albo is a 47% stakeholder in the business are either profoundly naive, thick, or consciously lying to their audience. They also all need to get a competent accountant if they're paying 47%. #auspol

@JulieCritchley7 @BatmansBedroom Also the GST was introduced by the Liberals.

@BatmansBedroom @colonelhogans Payroll tax is a state tax. GST is passed onto the consumer. I know all the taxes, I used to own a pub. But everytime they cut public service jobs, it’s not management, and then everyone bitches because they can’t get service.

The face of stupidity in Australia. “Labor’s done nothing for me”. LABOR GAVE YOU A 15% PAY RISE. Pauline Hanson voted AGAINST it!

@JaneCaro @Christi58156854 I'm a happily married sweary woman. I'm not gentle or quiet unless I choose to be. As Jane says, "Fuck off," Dale. People either take me as I come or they fuck off.

Fuck off. No woman wants a man who seeks to control her.

@fieldnoting @Peter_Fitz You don't speak for me!

@Peter_Fitz Do you NOT get it, Peter? Women are FURIOUS. The Australian populace have now seen the UNFAIR and un-Australian law that removes women's rights. We need single sex spaces, sports, prisons.

You may or may not be a feminist. A quick glance at what you post however, reveals you to be mostly a devotee of nutter conspiracy theories.

@MoiraDeemingMP @aaronsmith A. Aaron questioned your party's policies. You gave a personal answer. B. We're all equal before the law (supposedly). Not everybody is treated equally in society. Indigenous people often suffer disadvantage because of racist attitudes. C. A Treaty reconciles, not divides.

@aaronsmith You haven’t dealt with the conflation of concepts- bad faith.

@Anthony_Klan @chrisgrinter56 It is using the wording 'Proud Indigenous Australian' with the meaning that Hanson/One Nation attributes to 'indigenous' - ie born in Australia. It is a display of racism. Not sure what meaning it attributes to 'former soldier'.

Fyi, this fraud is falsely passing themselves off as a former soldier. Both excruciatingly pathetic and enormously disrespectful. (I called it out and was blocked, funny that). That it has considerable traction in certain circles here speaks volumes.

@strangerous10 That's why Bloody Joyce knows that the "safe guard mechanism was designed to put refineries out of business". The L/NP designed it.

Tanya Plibersek humiliates Barnaby Joyce after he claims the “safe guard mechanism” was designed to “put refineries out of business” Plibersek “the refineries closed under you, the safe guard mechanism was introduced under you.”🔥 #auspol

@CraigHill01 @batteries9484 Ripper 🤣🤣🤣

One of my favourite memories of working for a federal Senator was when former Liberal Senator Amanda Vanstone rang and started yelling abuse. I asked: "Do you have any idea who you are talking to?" She said no. I replied: "Good. Go and get fucked," and hung up.

@lesstenny @ElaineM11584892 What a fucking sook. Robert's tantrums show that he has a malfunctioning brain.

It's crazy shit 😩😂🤣

@MikeCarlton01 @Mike_Clear Why anyone would think that members/veterans of the armed forces are so pure as to never commit a heinous crime is beyond me. Bit like thinking the clergy are so pure & would never be pedophiles. Some careers attract certain types of people.

And here’s another one. It’s a Right Wing Fuckwits’ Field Day !

@M_McCormackMP @Kieran_Gilbert @SkyNewsAust Why anyone would think that members/veterans of the armed forces are so pure as to never commit a heinous crime is beyond me. Bit like thinking the clergy are so pure & would never be pedophiles. Some careers attract certain types of people.

The public arrest of Ben Roberts-Smith VC is deeply troubling & raises serious questions about how we treat those who served our nation in the most dangerous conditions imaginable. Spoke to @Kieran_Gilbert on @SkyNewsAust about the need for respect & due process for our Veterans.

@Peter_Fitz Why anyone would think that members/veterans of the armed forces are so pure as to never commit a heinous crime is beyond me. Bit like thinking the clergy are so pure & would never be pedophiles. Some careers attract certain types of people.

This, is indeed, the core question.

@MikeCarlton01 @Peter_Fitz I think one of Trump's a*licking sycophants wrote that. It's too coherent for Trump.

The President of the United States is trailer trash.

@Qldaah @ozipetezar Matt drives a Tesla like all members of the LNP they say one thing and do the opposite as they know it’s the better option

@Qldaah @alyxei1 So, Sooty Caravan not only drives a Tesla, he has Solar, and i bet, he got onto the Battery Rebate Scheme...

@PatsPat He sold it. x.com/i/status/20380…