Beet

@OMGTheMess Stopping people being able to work less by investing and forcing them to be a wage slave till they die is better for the GDP. Thats literally all this is. A prison framework.

Ok The dust has settled a bit on the budget of Intergenerational equity Can someone please tell me how the budget achieves this? Houses won’t be cheaper. Additional houses won’t appear. Rents aren’t going down. Savings won’t increase.

@aaronsmith Good, get those rich pampered assholes in the trenches to stop Labor from robbing me.

Strange that Liberal party concern for young people only activates when landlords lose a tax break.

@aaronsmith So when we enter our 30s we get to utilize wealth building tools more. Not anymore, we just keep getting fucked now and don’t get access to any of it that boomers had their entire fuking lives. Fuck you seriously. Stop helping, ur ruining the world.

Who benefits from Australia's 50% CGT discount (2022–23, Treasury) Top 10% of earners: get 86% of the benefit Top 20%: get 89% Over-60s: get 52% 18–34 year olds: just 4% Avg benefit to top earners: $86,000+ Avg benefit to bottom 60%: ~$5,000 ie - the young do not benefit from CGT disc

@stokdog I worked my ass off too. But negative gearing has to go. The CGT discount removal is the actual crime. Let’s not get it twisted.

When I was in my 20's I didn't follow the sheep and blow all my money on a european holidays. I worked and bought a unit instead. I made sacrifices. Shit doesn't just happen. I could slap a few of this younger generation.

@ElaineM11584892 There is literally 2 dollars a week in tax breaks for workers. With a 20 dollar a week deductible. So their cost of living relief is a fuking happy meal while they rob millions from us. You fukin retard.

The LNP has the wealthy vote. One Nation has the stupid vote. The government has all the others.

@realMrPP @Tylerrr Ill allow it

@Tylerrr Looking overly thick and were not black, lose 25lbs if you are going to represent the movement publicly.

This onlyfans groypette has unironically done more for the movement than Dan Bilzerian, Jaek Shealdz, Aarvoll and Ian Carroll combined

@ClassicsofRome They should be; i voted Labor and they are dead to me. Never again. They bait and switched me with hecs and free transport to take my fucking future. I’m furious.

Labor trolls are out - means panic in the ranks.

@netz_melb Exactly. And Australia is literally 99% nattering monkeys who won’t even say this but want to just yap away about blue team vs red team labor lib politics. Absolute morons.

Anthony Albanese's changes to negative gearing and CGT will have no effect on housing affordability. It's all about supply & demand. There's too much demand & not enough supply. He's using the smokescreen of house prices to fulfill his fantasy of wealth redistribution. #auspol

@purplepingers Statistically is she even Australian anymore? How many layers of delusion in the left wing drug addled brain are we talking here

Statistically this guy’s AI generated 22 year old woolies worker actually puts most of her pay into her negatively geared, superannuated barnacle of a landlord’s pocket

@BilsonhBilson Boomers who tore down in one generation every great institution and pillar of the west that our ancestors built. You will be remembered as a warning to every next gen

A Big Slap in the mugs of the LNP & their disgusting media today as a Jim Chalmers delivers another brilliant budget well accept by all intelligent Australians!

@Judasdontcare @rationalaussie And leave behind a demographic bomb in the family home that can’t be reached cause they won’t unlock the vault it’s in.

@rationalaussie First generation to pull the ladder up behind them.

When you really stop and think about it, it's truly insane how easy the boomers had it and how utterly lacking wisdom they must have to not see that.

@Peter_Fitz Exactly. When thieves rob you, and ask to keep your car for work, that would be welfare. Fuck that. Thieves need to crack down on that shit and take your car too! I’m a smart boi!

THis puts it in perspective, surely?

@RizviAbul Safe and effective incentives for voluntary Remigration is the best way forward. Incentivize folks to return to your homelands, not stay in our home.

This would not save a lot of money. Treasury’s FIONA model finds skilled migration is a budget positive because those migrants pay taxes but don’t have access to social support for 4 years. Access to citizenship requires being resident for 4 years. apple.news/AkuHgHOz4SIi29…

@AyrFenn @NoelWhittaker They didn’t target property investors. They left huge loopholes for the rich and just move neg gearing sideways. Then they nuked every investor accross the board with double the tax on everything except super and few small other loopholes. They fucked up big time.

@NoelWhittaker Do you mean the younger gen locked out of any and every asset class, or the “victims” sitting on 2,000% property gains flying Qantas Prem Economy 3x / year

Remember, intergenerational inequality is a social construct invented by Labor to give them another class of victims to help

@bowtiedstocks Nah financializing shelter into an asset was a mistake. But letting labour rain tax on everyone while claiming to close it isn’t a fix.

Levelling the playing field by making others lose, not by making you win The politics of envy Albo’s Australia - hope you’re enjoying it 🥴

@ClassicsofRome Apparently he did a phd on Keating so it’s good you see.

How can someone with no economics credentials at all be treasurer of a nation? Australia is a dead set joke.

@Potstirrer111 housing crisis is 75% caused by demand. So supply will do absolutely jack sht. Well played.

lol this is literally what the government wants. More supply of housing to push down rents. Thanks for your service king

@purplepingers CBA is owned 53% by mum and dad regular Aussies, 25% supers, and then 22% the carton villian “bankers” you were told are pulling the strings. and did Labor target the billionaires, nope, they made a loophole for them and then fuked us regular younger normal people. Great work!

It’s kind of funny how all of the media institutions acting as a mouthpiece for banks, property developers and landlords saying that this budget is the end of the world because of the most minuscule and pathetic grandfathered changes to negative gearing are being real quiet about this bit.

@AusThinkingGirl @missrobinson Hope landlords double rent. Watching Labor Nazis cry cause their authoritarian overreach backfired is going to be mwah!

@missrobinson A lot of retards cheering on their own demise.

A lot of landlords having meltdowns

@missrobinson Hope they yank up rents and go to war. Watching Labor morons cry about their lack of authoritarian total control is going to be awesome.