YehYeh

@_cocles @ausstockchick That’s why your hypothetical was horrible. I would have less of a gap, which would by default improve the lives of the bottom end of the spectrum. An outcome not possible by your short minded, blinkers on views.

@Rusty_times @ausstockchick So, driven by envy, you would make things worse for the poorest in our society? I personally would choose to improve their lot. We have very different worldviews.

Virtually no chance of a rate hike after the unemployment data we just had. We are in free fall. Economy imploding. #auspol

@whet10121 @TimjboAU As a seller, they would be dictated by market forces. Also, the house they would like to move into - its value would have the same forces in play.

@Rusty_times @TimjboAU And out curiosity, suppose these “humans” your suggesting just so happen to want to sell and upgrade their home, will they be willing to sell at the price they purchased the home for or would they want to get the most out of the sale? Food for thought!

Wooohish.. the sound of losing $200,000 grand off the value of my house. Thanks Albo.😡

@TimjboAU Well there is your colours painted to the mast. The humans that have been priced out of the market to put a secure roof over their head because of people with your attitude to ownership of investments regardless of the social cost

@Rusty_times What about them? Who are they?

@_cocles @ausstockchick The idea that every one is better off while a gap widens is the ultimate in oxymorons. That is why it is a terrible example. Try another one? While the idea that everyone is better off while the haves and the have nots, widens, we all know how that story ends. Try again.

@Rusty_times @ausstockchick Then there no harm in answering. But I think we both know why you are avoiding it.

@OMGTheMess But most look to geography too. It’s the choice of moving west to new builds or staying close to work/family in a 2nd hand home

@Rusty_times New builds are cheaper

The new tax structure moves property investors into new builds Exactly the same market as young people

@_cocles @ausstockchick Because it’s a rubbish hypothetical.

@Rusty_times @ausstockchick You are very carefully avoiding responding to the hypothetical. Why is that?

@IdiotObserver1 @hilldini13 @OMGTheMess @JEChalmers People who want more, unknowingly want more of it? Who drank the kool-aid! Take a breath. Find an argument that has value add then let me know. It’s okay to have differing opinions, beauty of democracy.

@Rusty_times @hilldini13 @OMGTheMess @JEChalmers Yes, people who want more government spending, tax and immigration unknowingly want more of it.

We’re delivering a lot of tax reform in the Budget – here are the facts.

@_cocles @ausstockchick I don’t want $1,000,000 a year if it costs me $20,000 for a bottle of water. I want people to access great healthcare free, great education free, those with disabilities are helped in the best way possible. That to me is a rich society full of prosperity

@Rusty_times @ausstockchick Let's keep it simple. Richer. It's a hypothetical, no need to complicate it.

@IdiotObserver1 @hilldini13 @OMGTheMess @JEChalmers Do you acknowledge wealth can be created off the back off people working in poor conditions

@Rusty_times @hilldini13 @OMGTheMess @JEChalmers You understand without production you cannot have wealth? Are you trying to sound stupid on purpose?

@_cocles @ausstockchick There is always going to be a spectrum. Depends on the ‘better off’ metric.

@Rusty_times @ausstockchick Ah, the gap. Hypothetical: You can make everyone better off but the gap widens, or you can shrink the gap but everyone is worse off. Which do you choose.

@AndyT_syd @hilldini13 @OMGTheMess @JEChalmers Hey pelican! Choose an investment strategy that suits your risk appetite. Not hard. Pick your strategy, sleep well, be happy and kind. Life is good.

@Rusty_times @hilldini13 @OMGTheMess @JEChalmers Hey idiot! Do you really think its a great idea to get everyone just investing in mature low returning cash flow positive businesses? Or do ee need to be bold when the world is rapidly changing because of AI?

@IdiotObserver1 @hilldini13 @OMGTheMess @JEChalmers Are you choosing wealth over productivity? Only thing that goes over my head is your dreams drifting into obscurity

@Rusty_times @hilldini13 @OMGTheMess @JEChalmers Many things go over your head I'm sure. I would like to see less wealth stolen by the government and distributed more broadly by staying in the hands of those who produce the wealth. I'd also like to see less central banking but that's another discussion.

@IdiotObserver1 @hilldini13 @OMGTheMess @JEChalmers Still don’t get your point. Have another turn. Stolen from who? why? I would like to see more wealth distributed broadly, you, do not ?

@Rusty_times @hilldini13 @OMGTheMess @JEChalmers I'm just saying you should live by the standards that you want for others. You deserve to be stolen from.

@IdiotObserver1 @hilldini13 @OMGTheMess @JEChalmers The irony of your name. Shhh, the adults are taking

@Rusty_times @hilldini13 @OMGTheMess @JEChalmers You deserve to be stolen from

@hilldini13 @OMGTheMess @JEChalmers What’s SATA & STRC? My plan has always been to accumulate to have an alternative income stream, not to trade. Ideally it’s my kids problem to have down the track. Would have to do numbers to sell and start again or carry them through to the end of days hmmmm

@Rusty_times @OMGTheMess @JEChalmers That scenario was for example. Yah aim this cycle is to transition to SATA and STRC, but will still get hit hard if selling after 2027 EOFY

@hilldini13 @OMGTheMess @JEChalmers Don’t sell. Buy dividend stocks. If you have made $100k I dare say your portfolio isn’t small. Dividends are treated as income, plus you will still have franking credits too. Good investors change tack, and thanks for your service

@Rusty_times @OMGTheMess @JEChalmers I make a $100k gain on shares/crypto, sell after 12 months, eligible for 50% CGT discount, pay tax on $50k, eligible for $18,200 tax free, pay income tax on $31,900. New laws, I pay minimum $30k tax on $100k

@hilldini13 @OMGTheMess @JEChalmers How? Break it down?

@JEChalmers Medically retired veteran here, no income, ineligible for ANY gov assistance, have to gamble my livelihood on crypto and shares to produce some sort of income. you've stripped away my $18,200 tax free threshold and now I pay minimum 30% tax. fuck yeah

@ausstockchick You mean put people on one island who have voted for structural changes and standards of living, and the others that think they are all ‘lifters’ rather then ‘leaners’

Everyone that voted for anything to do with Labor or the greens or similar parties should be put on an island together. Then put the rest on an island together. A social experiment to see which society collapses first. Then compare productivity. #auspol