Paul Egan

@taipan168 I bought a restaurant gift card recently and received a gratuity prompt….does it mean if food and service is rubbish I could ask for it back?

Bugger off with those suggested tips! 😡

@TaxPawspective @HarryFromSyd It’s a place to live. For me, it’s not an investment. It’s not something I consider selling to invest in an alternate asset class, nor compare returns with other investments. Like most I hope it stays tax free.

@PTME2010 @HarryFromSyd I understand what Harry is saying is that your home is subject to a broad CGT exemption (ie the main residence exemption), while other assets (eg listed securities or crypto) are not.

Chalmersnomics: the belief that increasing CGT rates (in particular for people on low incomes) on all sorts of assets (eg crypto, shares and gold) will have the effect of improving 🏠 affordability.

@TaxPawspective @HarryFromSyd I don’t see the purchase of a place to live being an investment decision. A genuine investment decision isn’t choosing between shares or a roof over my head.

@HarryFromSyd @PTME2010 Don’t forget land tax exemptions for a main residence too.

@Moses2010W He might be playing ok in certain aspects but it’s his role to enable those around him and make them look good. That isn’t happening

Galvin deserves this. Absolute mug of a kid. Ordinary player who believed his own hype. Left tigers for a better club he thought; NOT. Suck shit dogs and Galvin

@TMFScottP The level of govt spending allows Taylor the latitude to deflect when asked about costing his promises. We’ll cut Labor’s wasteful spending isn’t really a response more a vibe

Overall: Angus Taylor probably needs a better speechwriter and to deliver more naturally, tbh. Immigration is going to be a huge part of the Coalition's platform. Indexation of the tax brackets is going to be electoral catnip, but hard to fund. #BudgetReply2026

@TMFScottP Which is just about exactly what the Libs advocated when they were pummeled at the last election

Taylor's pitch: 1. Mass migration is making Australia worse 2. 'Net Zero must go' 3. 'Turbocharge digging and drilling' 4. Small government #BudgetReply2026

@taipan168 The chocolate counter was way too tempting. That and the food samples on Thursdays and Friday.

Who is old enough to remember how good the old David Jones food hall under the old men's store on Castlereagh St used to be? 🙋 smh.com.au/goodfood/sydne…

@Mikehomeseller Aussies and NZers will know this one - Marc Hunter of Dragon. As charismatic as a lead singer could be. Band was lost without him

What band suffered the most by a band member leaving or dying? #mikesquestions

@DaveTaylorNews Up Down

#BREAKING Supermarket giant Coles broke consumer law by misleading shoppers on discount prices a Federal Court judge has found.

@Booners05 @samstrades And gift tax to go with that. People ignore inconvenient truths and tend to look at certain taxes in isolation

@samstrades They also have a death tax - so assume your all for that too ?

US has zero CGT tax if you make up to $50k in gains (total, includes if you earn a salary) and 15% CGT for up to $600k #Chalmers introducing a minimum 30% CGT rate is wild, essentially a regressive tax for low income earners #ausbiz

@TMFScottP I was hoping for some special funding for the Perth Bears. Alas - we’re on our own

Today's winners: Accountants. Valuers. 18 other NRL clubs.

@Domster9 @TMFScottP I hope that’s right. You have more faith than me

@PTME2010 @TMFScottP I dare say that capital losses will still be able to be offset against capital gains distributed from a trust and it is just revenue sourced income taxed at 30%. Having said that, you never know in a communist country...

If you're comparing only the tax rate for CGT, versus other countries, you're either being selective or you're unaware. If it's the former, at least be honest. If it's the latter, here's the awareness tweet: you've gotta include indexation before comparing. You're welcome :)

@Domster9 @TMFScottP What of capital losses brought forward? They must offset against current gains. Though it seems not against a gain distributed by a trust. Devil will be in the detail

@TMFScottP Forget the inflation adjustment - minimum CGT is 30% now despite your other income.That is very poor policy. If you are a retiree or pensioner that relies on asset sales (shares/property) that you have worked for, you can no longer use the tax free threshold or lower taxing rates

@TaxPawspective How will there be rollover relief for those wanting to move assets from a discretionary trust to a company? Different species… will be interesting

50 years ago, the Asprey review fiercely criticised the double taxation of company profits. Now, the Treasurer is reintroducing double tax on common small business structures (ie 30% minimum tax for trustees, then 25% or 30% tax again for company beneficiaries) 👇

@TMFScottP A 2 year tax planning frenzy awaits us

But also, if you jumped on the thread just to make blatantly partisan arguments for or against the party, rather than the policy... I'll scroll past :) Not that I don't love you... just that barracking doesn't add much value, sorry!

A morning-after thanks to those who've engaged with my #Budget2026 tweets, and an apology that I won't be able to reply to all. I try to engage/reply, but the response has been... overwhelming! Thanks for being part of the discussion. I read them even if I don't reply.

@TMFScottP @FergusonNews People will be leaving Australia in droves. One way to deal with population growth 😂

Good on @FergusonNews asking about population growth! The Treasurer refusing to admit it adds pressure to housing. Poor. #Budget2026

@onslowshipping It’s one way of dealing with population growth - people will leave in droves

budget.gov.au/content/bp1/do… CGT discount removed on ALL assets, AND minimum CGT rate of 30%, even if you earned exactly $0 in normal income during that year. Perhaps the most disgusting, anti-productive, uncompetitive change to Australian fiscal policy in modern history

@TMFScottP Not til 2028?

"More cost of living relief" in the introduction. Couldn't resist an inflationary handout. #Budget2026

I would like to hear what the Treasurer is saying but Ms Ferguson is playing the gotcha game