@cheryl_kernot @JEChalmers Funny you don't seem to run same argument with Aborigines. Why should anyone care what happens to them when 95% of people are unaffected
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Gary Hasbeen
1.7K posts
Just keep patiently explaining please @JEChalmers until the 95% register that it doesn’t affect them. That means a sustained fight back against most of the media’s agenda. Heaps of Australians, including boomer cohort, strongly support your changes.
Josh Butler@JoshButler
budget makes clear: - only 5% of Australians will be affected (95% don't get discretionary trust income) - disability trusts, deceased estates, charitable trusts, income from farms won't be affected, nor will fixed trusts - people are using these trusts to avoid tax
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@Imresal @antloewenstein Notably calling for trials, rather than any violence.
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When the anti-Zios disavow any connection with Islamist extremism, please remind them that, one month before Bondi, @antloewenstein said Jewish communities in Sydney were complicit in genocide and should be charged with war crimes:
antonyloewenstein.com/cms/wp-content…
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@AdamCoffeyNT @tanya_plibersek How much tax do heroin traffickers pay?
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So according to @tanya_plibersek the only people that “work” in this country are those that earn wages.
Small businesses owners who’ve worked hard and built assets should have the shit taxed out of them because they’re big bad capitalists?
Ryan Dally@Ryandally08
Tanya Plibersek responds to voters fury at the “stealth death tax” that was slipped into last Tuesdays budget announcement. Plibersek: “people who work for a living have to pay their tax” Nat Barr: “so people who work for a living, buy a house and give it to their child should be taxed more?” Plibersek: “we believe people who work for a living have to pay their tax” She can’t even give a straight answer.
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@DrCameronMurray Why should farmers be exempt? If I sell cows my minimum tax rate is zero, but if sell furniture or cars or clothes the minimum is 30%. Where’s the logic in that?
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The minimum tax rate on trusts proposed in the budget seems reasonable to me.
What do others think?
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@JoshButler Why should primary production income be treated different to non-primary? There’s no logic to it.
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budget makes clear:
- only 5% of Australians will be affected (95% don't get discretionary trust income)
- disability trusts, deceased estates, charitable trusts, income from farms won't be affected, nor will fixed trusts
- people are using these trusts to avoid tax
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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)
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Labor’s new housing model:
- deliberately suppress supply by 35k
- pump prime prices with 5% deposits
- reckless migration policies
- impose 30% tax on everything else
Good luck!
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@AaronDodd I wonder if he has been to Japan. They must have no food choices given lack of endless immigrants
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#JohnWilliamson has written a letter to Hanson and her drongo followers have lost the plot. The comments are hilarious! #auspol
facebook.com/share/p/1Cwfcu…
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@JExodus21 @jmil400 Refund of franking credits was proposed by Opposition Leader Kim Beazley. Howard only copied it.
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@jmil400 You clearly don’t understand franking credits.
The fault is the refund of excess franking credits as introduced by Howard/Costello.
Franking credits are good. Refunds of excess franking credits are bad.
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@AaronDodd @QandAinPublic Franking credit refunds only apply to over 60’s whose income is share dividends.
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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
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@AshPolitik The $2m turnover tests and $6m MNAV test haven't increased in 19 years. Inflation has increased in 63% in that time.
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Noteworthy NZ has a GST equivalent of 15% on all goods & services.
If you go there, you might save a few bucks on your capital gains, but will be slugged every day, week, and year you are there with the hefty GST rate.
Stephen Koukoulas@TheKouk
Zero capital gains tax in New Zealand for decades: Per capita GDP is US$52,000 Australia per capita GDP is US$75,600
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@TheKouk So 5% increast to GST is "hefty", then what is doubling the CGT from 23% to 48%... 😂
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@AaronDodd @QandAinPublic Why would you get a franking credit if you sell your business? I'm tipping you're not a tax accountant.
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@QandAinPublic Yes but that tax will come with a franking credit that will offset against your personal tax meaning you will ultimately get a refund on that of around 20% to bring it down to whatever your marginal rate is.
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@parnellpalme If the ALP propsed abolishing bracket creep Alan Kohler would be praising it as help workers.
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It’s telling that Alan Kohler, who is supposed to be the ABC’s economic guru, is arguing against abolishing bracket creep because it’s no good for winning votes. More economics by opinion poll from people who regard our money as theirs.
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@AshPolitik Why don’t you donate all your money to the government?
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Society and civilisation would collaspe if we didn't pay tax.
Ben Beattie@EnergyWrapAU
I fail to see the problem for one's income to be redistributed among your own family so the family keeps more of their own income. The actual problem here is this should be allowed without a trust. It should be the default setting.
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@Lisa9Sophia Childless. She doesn't have to worry about her daughters and grand daughters.
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This is who paved the way for biological girls and women to have their legal protections and rights in Australia, stripped away
Her Labor government enacted legislation to erode sex-based legal protections for biological females in Australia
NEVER AGAIN do I want to hear Julia Gillard referred to as a “feminist” or a “champion of women’s rights”
NEVER AGAIN do I want to hear about her “misogyny speech”
Her legacy should be the truth.
Julia Gillard can’t define what a woman is, and she sold biological women out
#GigglevTickle
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‘Refugees Are Welcome Here’ site could be part of ‘connected campaign’ to funnel votes to One Nation in Victoria theguardian.com/australia-news…
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Angus Taylor says migrants are a ‘net drain’ on Australia. The numbers say the opposite is true
#auspol
theguardian.com/australia-news…
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@AshPolitik I wonder if you claim tax deductions or franking credits. You don't have to. You can pay more tax if you like.
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I personally own assets affected by cgt changes but I still support the governments changes
First im not greedy selfish fuck looking for government subsidies to help my investments.
Changes are for the betterment of all, not the few.
When you make a system fairer all, the system pays you back.
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@drcwhos @TomisCrowley @MalurusSally GDP per capita is the only thing that counts. Total GDP means nothing.
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What is the cost to Universities by cutting student visas How will you pay for that loss?
How much will GDP fall by cutting immigration
How many will lose their job with the recession?
So many questions unanswered as Angus gets a free run with his slogans and policy free of costings @JEChalmers
Perth, Western Australia 🇦🇺 English
Friday arvo scoop to cap off budget week: Coalition policy could cost billions more than first suggested over first four years and was not formally costed
abc.net.au/news/2026-05-1…
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