PolicyTalk

@IsraelMFA Anti-semitism means nothing now. The world is rightly anti-semitic while you keep murdering children and invading other countries. We all now loathe Israel.

Another antisemitic attack in Spain. Let’s be clear: targeting Jews because of Jewish symbols - and demanding they distance themselves from Zionism to be accepted - is blatant antisemitism. Jewish identity and Zionism are inseparable. Authorities must act decisively.

@TobiSkovron Profit is good. And paying a proper tax rate is good. Society depends on it & the top 5% trying to avoid it and screaming won't work this time. As it shouldn't.

@SwingRequired You also talked about “multi-million” businesses like that’s a bad thing Profit is GOOD Profit means sustainability

There is a quiet frustration building across Australia’s business community. Not because people are against paying tax. We pay tax. We employ people. We carry payroll. We absorb rising costs. We sign personal guarantees. We keep going when the spreadsheet says, “maybe don’t.” But when policy starts making risk feel unrewarded, we have a problem. Capital gains are not magic money. In business, they often represent years of pressure, sacrifice, reinvestment, missed weekends, personal exposure and decisions made without a safety net. So when CGT changes are framed as “fairness”, business owners hear something very different. They hear: Take the risk. Build the value. Carry the burden. Then hand over more when it finally works. That does not inspire investment. It does not encourage productivity. It does not make Australia more competitive. It tells the builders, founders and employers of this country to keep running harder while the finish line keeps moving. If we want a stronger economy, we need to reward productive risk - not quietly punish it. Because without people prepared to build, back themselves and employ others, there is no growth story. Just more policy written from the grandstand by people who have never had to take the shot.

@TobiSkovron All your replies are deflections relying on the top end if business only. Surely you're aware of the Active Asset 50% discount still there? Abd the 15 year exemption? And the rollover to super exemption. You're trying to protect the top 5% from paying the same tax as wage earners

That's three bad assumptions in one post. First, it absolutely impacts some small business owners. Plenty of founders build businesses with the intention of selling them one day. The value created on exit is often their retirement plan. Second, saying investment decisions shouldn't be influenced by tax is bizarre. Every investor, founder, fund manager and CFO in the country assesses risk-adjusted returns. Tax is part of the equation. Pretending otherwise is fantasy. Third, "there was no capital flight before the 50% discount" ignores the fact we're now competing in a global market for capital. Capital is far more mobile today than it was 25 years ago. The question isn't whether people will stop investing. The question is where they'll invest.

@TobiSkovron It doesn't impact small business owners at all. And if investment decisions are made on tax law, then they're not good investment decisions. Tax law changes often. There was no 50% discount fof 15 years, no flight of capital. Concessions also, except for multi-million businesses.

You keep framing this as people whining about paying tax. That is not the argument. The concern is not paying tax. The concern is changing the rules after people have already taken the risk, invested capital, built businesses and made long-term decisions based on the existing framework. They’re very different things. Most business owners I know accept paying tax when they succeed. What they object to is retrospective-style policy changes that alter the economics of decisions already made. If you’re going to challenge the argument, challenge the argument that’s actually being made - not the easier one.

@sharkiemick Correct.

So many lies in one small sentence. Most small businesses won’t get anywhere near 47% tax on capital gains. Concessions for these entities are untouched which allow many to reduce their tax to nil.

🚨 هذه ليست دمية ملقاة على الأرض ، بل طفلة فلسطينية قتلها جيش الاحتلال الإسرائيلي !!

@NoelWhittaker You really are a sad, sad person. Greedy, deceitful, ignorant, but mainly sad. Haven't you got enough millions already?

Macquarie forecasts a 5% drop in Aussie house prices — and rates are still rising. Spare a thought for the poor beggars lured into buying on a 5% deposit with no mortgage insurance. They could soon owe more than their home is worth.

ہماری ایک فلسطینی بہن کا پورا جسم ملبے میں دبا ہوا. چہرے پر مدد کیلئے لا تعداد خاموش صدائیں نمایاں ہیں.

@TobiSkovron But current investments are grandfathered to 6/27 & retain that status, then adjusted for inflation. So anyone having made a decision is barely affected. So I challenge your argument & ask you to give an example where I'm wrong. (and it could only be a mega-million $ business).

Threatening the president of the United States is a federal crime

@TobiSkovron I very much know what I'm talking about. Where was I incorrect?

@SwingRequired I accept your position. Not because I agree with it, but because it’s clear you don’t fully understand the issue you’re arguing. The confidence is impressive. The comprehension, less so.

🇮🇪 A football commentator in Australia would be hung and quartered for daring this. US, UK and many other nations too. All power to you Richard Sadlier 💚 #FreePalestine #BDS 🇵🇸

@seanclarke911 Defending a rort for the top 4% by cherry picking data. Pathetic.

Well said Simon. These parasites are taking the piss

@markbouris This really is pathetic. It stops a 50% rort and brings tax to normal, real rates and 90% of businesses still get a 50% Active Asset deduction and many other concessions. These people are trading on ignorance to protect the top end of town.

Why Naomi Simson is fearful that people don't feel like it's worth having a crack anymore. Simson is the founder of Red Balloon and co-founder of the Big Red Group. In this conversation, Naomi breaks down how she built a business that now delivers an experience every 16 seconds to small businesses across Australia and New Zealand. Simson also delivers her unfiltered assessment of the recent federal budget, arguing that too many changes implemented too quickly will cripple business confidence during an already challenging period of technological disruption. Search Straight Talk with Mark Bouris to listen to the full episode.

@Crashman_X Honestly, this is pathetic. MSM is making themselves more irrelevant every day.

I learned while trading stocks that if I could hold but the market can't, I still lose money. I paid good for that wisdom. Today 50,000 first home buyers are facing the prospect of owing more than their property is worth.

@LambDownUnder He's factually incorrect on his first point & defending rorts for multi millionaires with the rest. What an entitled prick, pretending to worry about young people. He's only worried about himself.

I really dislike how much this property grifter pops up on my feed tbh. But he's not exactly wrong here at all.

Esta es la madre del chico palestino autista Eyad Hallaq, gritando de dolor después de que el tribunal de "Israel" absolviera al soldado sionista que asesinó a tiros a su hijo en Jerusalén. A pesar de la evidencia gráfica y de las declaraciones de la profesora, "Israel" absolvió al asesino de su hijo y lo dejó sin castigo, así es la justicia en el apartheid sionista contra los palestinos.

@Fabioitaliano12 @AusPoll6 You have no idea, no facts, no rebuttal. You just put up nonsense straight from your RW media. Stop being a lickspittle for the billionaires and educate yourself.

@SwingRequired @AusPoll6 Who is paying for the medicines? Real wage is back to 2011 level... Labor of the past is very different than the one now. How can boomers can't see the difference is insane

🚨 NEW: Federal voting intention 🟥 ALP: 29% 🟧 ONP: 24% 🟦 L/NP: 18% 🟩 GRN: 10% ⬜️ IND: 6% ⬛️ OTH: 1% (Undecided: 12%) Agenda C Synesis | 22-26 May | n=1232