Jason

@OMGTheMess wtf. Treasonous liars

Wonder why it was grandfathered?

@itsrosesm Yes but make it 18

DEATH PENALTY FOR RAPING CHILDREN UNDER THE AGE OF 12. LAW PASSED IN FLORIDA. DO YOU SUPPORT THIS?

@AlboMP There I nothing that will make it easier to buy a house for any Australian. The budget speech said that modelling shows that prices will not come down. So how is it easier you liar. 🤥

Young Australians shouldn't have to rent forever.

@EagleOnEagleSt @rjmontgomery This will bring in another 3 million people to try and stop a recession. You watch

@rjmontgomery We’re going to a seriously deep/dark recession (or depression) over the next few years! This socialist government is destroying consumer and business confidence via endless taxes, which means everyone tightens up their discretionary spending, and the economy turns down hard…

What are your thoughts on last night's budget? Comment your feedback below, I am keen to hear.

@shazzabombet @rjmontgomery Iucky for the war because it’s created windfall gains for the government which is the only reason they’re able to pay down any debt

@rjmontgomery Fair budget, deficit down, rocky times ahead economically- war , oil prices, inflation etc. Reforms on property investment overdue

@FestusPeetie @rjmontgomery Do you think it’s fair the low income people now get taxed a minimum of 30% on any capital gain? They save a few dollars in shares for a rainy day -> boom. 30% (min) gone

@rjmontgomery The changes are mostly fair. Of course all the opposition pollies are sinking the boots in, but the opposition parties sat on their collective backsides for decades to avoid doing anything.

@AlboMP You’re taxing us to death and hard work absolutely does not pay in Australia. Better off setting up an ndis business asap. Where are the tax cuts? Giving everyone a $250 handout is not a fucking tax cut. Re-align the tax bands to make up for 20+ years of bracket creep!!

We’re making sure hard work pays off and everyone has the opportunity to get ahead. Giving young Australians a fair go at buying their first home. And putting more money in your pocket with tax cuts. Our Budget delivers for you.

@michael_timbs Income tax is faaaaaaaar too high. It must be reset and the tax levels indexed

It is structurally unfair that CGT is lower than income tax. It means the rich can keep getting richer at lower tax rates. Unfortunately my hope was we’d cut income tax to match CGT rate in order to make it fair for people. Alas, we’re just seeing boomers pull the ladder up after them and making everyone pay insane levels of tax on all income.

@JEChalmers How does taking money off workers with an investment make the system fairer Jim. That’s just plain fucking stealing. And when are you going to fix income bracket creep?

Our Budget makes the tax system fairer and stronger for workers, businesses, first home buyers and future generations. We're responding to the pressures of the here-and-now while embracing our intergenerational responsibilities.

@AlboMP Wonderful. We can all afford that one extra coffee per week. Thankyou for saving us and thanks for making us the highest taxed people

More tax cuts for working Australians are on the way in Labor's Budget.

@Ben_Davison1 What do you mean subsidising. Not stealing someone’s money is NOT a fucking subsidy

80% of Capital Gains Tax discount benefits the wealthiest 10% of people That means 90% of us have been subsidising the wealthiest people to turn our homes into unproductive tax write offs Labor’s budget is trying to fix this inequity

@JEChalmers Well done on taxing us into oblivion

This is the most important and ambitious Budget in decades. Important because the world is throwing a lot at us – and this Budget is about helping Australia deal with these challenges. And ambitious because we have so much going for us – and this Budget is about Australia seizing those opportunities. This Budget is ambitious in the face of adversity. It’s a responsible Budget, and a reforming Budget, which builds resilience and bolsters our economy. There is more cost of living relief, more Medicare and more aged care, and more housing. It makes the tax system fairer and stronger for workers, businesses, first home buyers and future generations – Responding to the pressures of the here-and-now while embracing our intergenerational responsibilities. We are responding to the biggest oil shock in history with a comprehensive $14.8 billion plan to secure more fuel, strengthen our supply chains, build resilience, and take the sting out of prices. Immediate relief from the fuel crisis is coupled with lasting and responsible cost of living measures. Tonight, we are proud to be delivering another round of ongoing tax cuts for Australian workers. We will put more money into the pockets of 13.3 million workers with a new $250 Working Australians Tax Offset. It will begin from the second half of 2027 and be paid each year, ongoing and automatically in your tax return just like the instant deduction we’re rolling out as well. The $6.4 billion tax offset is the biggest cost of living measure in this Budget – But it’s not all we’re doing to support families under pressure. As a Labor government, we will always invest in Medicare, cheaper medicines and public health so Australians get the care they need, when they need it. Australia’s longstanding housing shortage is making homes unaffordable. This challenge hits young workers and families hard and we’re addressing it from every responsible angle. The reforms in this Budget will lift our total investment in housing to a record $47 billion. We’re levelling the playing field for first home buyers with 5 per cent deposits and tax reform to help more young Australians into their own home. These housing reforms go to the core of our Budget strategy. Dealing with the very real pressures on people right now – While taking responsibility for the challenges facing the next generations. The challenges coming at us, the opportunities ahead of us and the better future that Australians deserve, will not wait for a time when all is quiet in the world. That’s why this Budget invests in resilience and reform, to grow our economy the right way and lift living standards over time. This productivity package will help us attract and absorb more investment, make it easier and quicker to build, and slash compliance costs. This Budget includes the most significant tax reform package in more than a quarter of a century. This is about tax relief and tax reform to make our economy work for more Australians, businesses and future generations. We’re delivering a fairer tax system for workers, first home buyers and young people. We’re building a better tax system for businesses, with over $3.5 billion in new measures that lower taxes, to encourage investment and innovation. Our tax reforms will help workers, create a fairer housing market, and drive more productive investment across our economy. Debt is lower and the budget position is stronger in every year of the medium term because of our savings. The medium-term budget position is much stronger and more sustainable as a consequence, creating more room for future tax relief. Against a backdrop of global uncertainty, this Budget invests in Australia’s resilience, economic sovereignty and national security. At a time when Australians are under pressure, this Budget delivers more help with the cost of living and new tax cuts for workers. And in an era where people feel like the system no longer works for them, this Budget doesn’t just acknowledge that – it acts on it. No other budget in the 2000s has set out this much responsible Budget repair and this much economic reform. These are difficult decisions to ensure a stronger bottom line every year, to give us greater insurance in uncertain times. At the same time as we build a more resilient, productive and competitive economy. This is a strategy which helps shield people from the harshest consequences of a global oil crisis – Stabilises our economy and our Budget at a time of extreme uncertainty and volatility in the world – And strengthens Australia for the next shock. Tonight, we choose the hard road of reform, not the path of least resistance. By responding to the pressures Australians confront today. And fulfilling our obligations and responsibilities to the generations to come.

@Sarah_Haar_ And shares… and businesses…. And commercial real estate

Don’t cry over possible changes to capital gains tax discounts without knowing how it even applies please. You pay CGT when you SELL a house that is NOT your main residence AND you make a PROFIT on the sale price. How often are YOU selling investment properties?

@MickamiousG Never sell and find a way to loan against it to get cash

So guys honestly, What can we actually invest with and not be ripped sideways in tax ?? Crypto < Taxed Stocks < Taxed Minerals < Taxed ETFs < Taxed Honestly, where the hell you meant to make any coin without being ripped?

@AlboMP Bullshit you lying fool. It doesn’t help younger people in any way in fact over their lifetime it will be far worse

We're changing property investor tax breaks to give first home buyers a fair go.

@TMFScottP Or an immigrant. Does your thesis still old with rampant mass immigration as well as foreign ownership?

A reminder: If rental stock is decreased by an investor selling, they must be selling to a new owner-occupier. That new owner-occupier is either a current renter or would be. So... rental stock declines at the same rate as rental demand. Supply doesn't 'disappear'!

@LiberalVictoria This is what they used to call… out of the frying pan and into the fire! 🔥 Vote one nation if you want a change

Victoria, in 200 days you can change the government and deliver the fresh start our state needs.

@mark16pg The entire dept needs to be deleted. We are all Australians

There are nearly 3,000 bureaucrats employed in aboriginal affairs,with wages ranging from $300k to $1.2m plus all the gov't perks. In the meantime, a huge proportion of aboriginal people live in filth & squalor. 3rd world conditions. While the Canberra fat cats thrive.

@thedavehaynes @TMFScottP CGT is already amongst the biggest in western world

@TMFScottP I don’t think it’s about affordability, I think they just want to increase the tax base. Income taxes are already very high, a company tax increase would affect the economy, even cigarette taxes are too high. NG and CGT are the low hanging fruit

I'm supportive of the removal of NG, and returning CGT to indexation (depending on the details, of course), but they're unlikely to have a serious impact on affordability. Unless... The psychological impact of NG removal is far larger than the rational mathematical impact.

@Jane02822979 @senatorpennyqld No I don’t because I haven’t been there. However as I said the intention of the job keeper is for it to be a stop gap and temporary.

@JasonSpaceTime @senatorpennyqld You don't have a clue, how difficult they make it for ppl to obtain DSP.

JobSeeker is nearly $300 a week below the poverty line. Immiserating people on welfare is utterly immoral and makes it even harder for those who can work to find a job. We're sick of Labor crying poor when the 1% grow their wealth in their sleep. Tax the rich. Raise the rate.