Xichang’e

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Xichang’e

Xichang’e

@LXLotsofun

I am here to look at the parallel world.

Queensland-Victoria, Australia Katılım Temmuz 2016
232 Takip Edilen505 Takipçiler
Xichang’e
Xichang’e@LXLotsofun·
@BarrieCarter6 So, did Labor tell you what to think? If not, then perhaps others aren’t being told what to think by billionaires either. People can reach different conclusions on their own.
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Xichang’e
Xichang’e@LXLotsofun·
@BarrieCarter6 The franking credits issue wasn’t imaginary. Thousands of retirees were receiving refundable franking credits and stood to lose income under the proposal. You can support the policy, but claiming nobody was affected is simply incorrect.
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Barrie Carter
Barrie Carter@BarrieCarter6·
All these clowns that think CGT is going to affect them are being brainwashed by the print media and tv stations allegedly all owned by billionaires ,the same big scare that Frightened old age pensioners over the franking credits and the old buggers never had any its all crap
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Xichang’e
Xichang’e@LXLotsofun·
@Ben_Davison1 😂 Billionaires don’t waste time complaining. They’re too busy moving their capital to wherever the best opportunities are.
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Ben Davison
Ben Davison@Ben_Davison1·
Do you know why the billionaires & Murdoch mouthpieces are sooo desperate to stop the tax changes in the budget? Yes, they make billions from property now But the market adjusts, once the changes happen capital flows will adjust to the changes almost instantly And they can’t😢
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Xichang’e
Xichang’e@LXLotsofun·
I remember that even during the COVID period, staff at our institutions voluntarily agreed to freeze salary increases. Everyone accepted it for the greater good. Yet these politicians—it's hard to imagine how they can justify accepting such large pay rises while people are struggling with the rising cost of living. Some homeowners are even receiving bank notifications about three consecutive increases (May—July) to their mortgage payments in a single letter. It's outrageous.
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Marko Matvikov
Marko Matvikov@MarkoMatvikov·
This is the stuff that really pisses people off - and it's so much worse than most people know. While politicians refuse to index income tax brackets against inflation, they get automatic pay rises. As your real wages go backwards, government revenue goes up through bracket creep. Your living standards decline while those of bureaucrats and politicians thrive. When called out, they hide behind ‘independent’ tribunals of highly paid bureaucrats the politicians appoint. And of course those tribunals are incentivised to approve higher pay rises for bureaucrats and the politicians who give them their job. Worst of all, politicians barely pay for anything as they deduct obscene expenses while their savings grow and investments compound. This is the unaccountable and self-serving nature of a political class who treat their service as a lucrative career. Long gone are the days they earned the humble and respectable title of public servant.
GemmaTognini@GemmaTognini

Now you’re just taking the piss @AlboMP

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Coalition Tea Lady
Coalition Tea Lady@ItsBouquet·
Woman who can barely string a coherent sentence together ...
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Xichang’e
Xichang’e@LXLotsofun·
@Ben_Davison1 @T_upnation You are telling only half of the story. Australia compensates for relatively low consumption taxes by relying heavily on personal income tax. In fact, Australia is among the most income-tax-dependent governments in the developed world.
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Ben Davison
Ben Davison@Ben_Davison1·
@T_upnation Sure, tax by any other name…I guess. Our GST is lower Sales taxes basically zero Registration is lower Fuel excise about the middle Payroll taxes lower Rates is hard to compare to others We have a relatively efficient system It doesn’t get to 45% of an average worker’s income
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Ben Davison
Ben Davison@Ben_Davison1·
Do we really think that people making $420,000 need a “tax discount”??? I don’t. The changes Labor is proposing will still give them one, albeit smaller, yet the bosses pamphlet, the bosses lobby & Murdoch’s mouthpieces are squealing as though the NKVD has seized their offices!
Ben Davison tweet media
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Xichang’e
Xichang’e@LXLotsofun·
@MarkoMatvikov Well said. Swing voter here😀. I've literally voted for all the major parties before. What I really hate is being labelled as racist or right-wing simply because I care more about policies than ideology.
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Marko Matvikov
Marko Matvikov@MarkoMatvikov·
This is shameful from Labor. Most people want major reform – but that can coexist with criticism of policy detail. Rather than concede they’ve missed the mark, they’re demonising anybody against any part of it. I’m a true swing voter. I’ve previously voted Labor. I criticise and vote on merit. But when Labor loses the argument, they default to class warfare. We need less division and more solutions – and Labor is currently offering neither.
Andrew Leigh@ALeighMP

Labor reforms – the Coalition opposes. They opposed uniform taxation, CGT, FBT and universal superannuation. No surprise now that they’re opposing tax reforms that boost fairness and help first home buyers. #auspol

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Xichang’e
Xichang’e@LXLotsofun·
Most first-generation migrants I know, particularly Chinese and other Asian migrants, are extremely hardworking. However, I do think attitudes can change across generations when people grow up in a different environment. To be fair, most of my White colleagues are hardworking as well. My concern is more about government policies that may unintentionally discourage productivity. For example, I am not convinced that routinely working from home two days a week is always the best approach.
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Satoshi Wolf
Satoshi Wolf@SatoshiWolf·
I became friends with a Chinese guy in my building who is a UK citizen and we often talk about Australia and what it has become. He told me that he has a few friends from China that were your typical hardworking, highly intelligent Chinese students who spent their entire lives studying. He said they moved to Australia to finish their studies and after about 6 to 12 months they became lazy and entitled. He said there was a clear difference in who they were before they left and what they had become. We see the same in the family business, construction industry, where it's almost impossible to get hard working people. Even paying well above industry rates doesn't seem to bring them in. It's mainly people who don't show up on Mondays, rock up late, leave early or just don't show. Yes it is hard work but it's work my Dad (not on the tools anymore), Brother and Brother in Law all do themselves. So they are not asking for something to be done that they don't do themselves. When did we go from a culture of hard work and earning that beer at the end of the day to a culture of pussies who want everything for nothing? What is it about Australia that turn people soft?
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Melinda Richards 🇦🇺🇺🇸
Good morning! As promised… posting every day until the whole of Australia has seen it. Show your friends. Share it round. Watch it again. Oh… and for the rest of the world? Have pity on us. It’s our Finance Minister.
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Xichang’e
Xichang’e@LXLotsofun·
@OMGTheMess Of course, he won’t refuse it. He’d probably say, “I increased your hourly wage by $5, so I deserve 10,000 times more.”
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Old Soldier
Old Soldier@OMGTheMess·
Not even a thought about refusing it
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The Noticer
The Noticer@NoticerNews·
Here are some of the craziest details from Labor's 2026 Federal Budget: - $124M for powerful Jewish lobby group the Executive Council of Australian Jewry (which is behind Australia's new "hate speech" laws) - $207.4M to "combat the influences of anti-Semitism, violent extremism and hate" - $46.7M in financial support for the Jewish community - $41M for various education department anti-Semitism initiatives - $9M for a hate crimes database - $68.8M for National Security Investigations teams (hate speech and social media post police) - $32.6M on social cohesion public awareness campaigns - $793M for "Closing the Gap" policies for aboriginals - $36.6M to help aboriginals to vote - $48.3M for aboriginal hostels - $4.2M for a new National Aboriginal and Torres Strait Islander Cultural Precinct - $6.8M for aboriginals to "own, access and manage water" - $308.6M to "end gender-based violence" - $50.4M to continue investigating alleged Afghanistan war crimes - $6.6M to give missiles to the UAE - $64.6M to recruit Papua New Guineans into the Australian Defence Force - $16.6M to investigate sexual violence in the ADF - $24.7M to recycle solar panels - $112.7M for gambling addicts - $25.3M on the India-Australia Comprehensive Strategic Partnership, mainly for a grants and fellowships program - $167.3M for Nauru - $550M to "support high‑quality, climate‑resilient infrastructure in the Pacific and Timor‑Leste" - $33.2M for Indonesia - $68.5M for HIV treatment for immigrants who are not eligible for Medicare - $449.3M for RSV vaccines - $10.8M to "provide community‑led health literacy education to refugee and migrant women" - $7.7M to boost refugee employment - $74.2M to fight abuse of the refugee visa system - $27M to make migrant workers follow the law - $19.8M to fight abuse of the student visa system
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Xichang’e
Xichang’e@LXLotsofun·
@CraigWtweets @RenShen888 We do. We have derivative markets for commodities such as cattle, wheat, sugar cane, soybeans, cotton, and milk. 😄 Where there is a need, there will be a market. That’s human nature.
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Craig Wallace
Craig Wallace@CraigWtweets·
@RenShen888 We don't generally operate food as a speculative investment market
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Craig Wallace
Craig Wallace@CraigWtweets·
Turning a basic human need into an investment vehicle was one of the silliest things Australia ever did #insiders
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Xichang’e
Xichang’e@LXLotsofun·
@DrCameronMurray Direct ownership of government bonds by ordinary Australian households is relatively uncommon. Even among the wealthy, bonds are usually not the centerpiece of their portfolios.
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Cameron Murray
Cameron Murray@DrCameronMurray·
Many people worry about the cost of interest payments on public debt. Where do they think interest payments go? How is transferring money, circulating it in a closed loop monetary system, a net cost? The interest is just earnings on Treasury bonds, which is also taxed.
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Xichang’e
Xichang’e@LXLotsofun·
@Richard01357064 Is Albo’s Australia dream to have all young Australians living in public housing just like him?
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Richard Davies
Richard Davies@Richard01357064·
Albanese has climbed the ladder of wealth accumulation and is pulling the ladder up after himself to ensure younger people do not have the same opportunity he enjoyed and which built wealth for him.
Ryan Dally@Ryandally08

#BREAKING It can be revealed that Anthony Albanese has pocketed more than $200,000 from tax breaks his Government will abolish for future generations. The analysis estimated Albanese saved $209,427 by benefitting from the Howard era capital gains tax discount, which will be replaced by his new indexed CGT model. Albanese’s $200,000 in tax savings were made across a series of property transactions between 2012 and 2022. He made a capital gain of about $1.2 million from a Marrickville property bought for $1.12 million in 2012 and sold for $2.35 million in 2021. Albanese made $575,000 on a Dulwich Hill investment property bought for $1.18 million in 2015 and sold for $1.75 million in 2024. And he made another $500,500 from a Canberra unit bought for $162,000 in 1996 and sold for $662,500 in 2022. Liberal leader, Angus Taylor scoffed at the news. “Many Australians, including those in Labor, got ahead because this country once rewarded aspiration, investment and hard work” Taylor said. "Now Labor is pulling the ladder up behind them and denying younger Australians those same opportunities” Now Anthony Albanese has stopped Australians being able to access these very same opportunities the he himself and his Cabinet colleagues continue to benefit from. If you’re still voting for Anthony Albanese at this point, you need a full psychological evaluation.

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Old Soldier
Old Soldier@OMGTheMess·
What kind of sick politician encourages youngsters into a 95% housing loan only then to pull the rug out under them with a policy designed to reduce property values.
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Xichang’e
Xichang’e@LXLotsofun·
@ryu_tay Not really. Someone just really loves Labour 😄.
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AT
AT@ryu_tay·
Vote them out in 2028 is the only hope?
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