✠

If a $250 income tax break is all it takes for you to forgive a doubling of the capital gains tax you need to get some ambition.

@TraderCobb Do you feel lucky yet?

Let me get this straight..... If I invest 500k into a startup, take all the risk, put in years of work and become one of the very small % that succeed in a meaningful way — when I sell, under the new budget the government takes 47%. They funded nothing and took zero risk. On a 500k capital gain that's $235,000 gone. And here's the kicker: because a founder builds from nothing, there's almost no cost base to index. The new "inflation discount" shelters almost nothing for the people who actually build companies. It was designed to hit you hardest. If I take that same 500k to the casino and put it all on black and win, I make $500k and they tax nothing. The time to either win or lose is in seconds, and the outcome if I win is better. The probability of winning is 50% — far better odds than the startup, and a lot faster. So this government will back the gambling companies — they refuse to budge on their own findings and recommendations despite being in complete power — and they'll prop up gambling, but they'll shoot innovation in the head. Founders, leave now is the message. Fair? #auspol

@MickamiousG Sounds like company structures are the way to go. Minimum 30% tax and no CGT discount, might as well just pay the flat 30% company tax and still carry forward losses?

Labor Stooges: “Labor is the party of the working class and investment, we help to reduce taxes for mum and dad business and Australians” Also Labor: “Removal of taxation benefits on Capital Gains Taxes, usage of family trusts” Again, Where we investing our money now?

@JohnThomasPhoto @cmkusher Maybe you get margin called because you're too busy gooning.

@bryn24k @cmkusher Yes, as I said, have enough collateral for the margin call. Thanks for agreeing with me

The most tax effective investments in Australia for individuals are now family homes and superannuation. The government says young people can’t afford homes and if you put money in Super you can’t touch it until you are in your 60s. So what is a young person actually supposed to invest in?

@JohnThomasPhoto @cmkusher Cycle timing and sizing matters for sure. Don't borrow at the top and if you do make sure you have enough collateral to post.

@bryn24k @cmkusher $10k is nothing. Bitcoin crashing will result in your lender asking you to pump up your equity. The risks are insane.

@JohnThomasPhoto @cmkusher I've done it before. $10k loan no margin call.

@bryn24k @cmkusher Enjoy the margin calls

@Tanmedia @cmkusher @blockearner

@bryn24k @cmkusher Who will lend to you?

The left is zero sum - they believe the only way to make money is to steal it from someone else. This is why they always look like such pathetic losers - they are. There is not a single winning bone in their body.

@CryptoTaxSucks Jack just became right wing

Jack is barely scraping by. Jack manages to put $100 into a memecoin. Jack hits 100x and cashes out $10k Jack owes $1600 or less in the old system. Jack now owes $3k thanks to the new budget. BUT Jack puts $100 through pokies. Jack hits 100x jackpot and cashes out $10k. Jack owes no tax.

@r3tarddownunder @AshPolitik Everyone will just be forced into flipping their personal residence until Labor taxes that too

@AshPolitik How do young people that own shares get ahead now you fucking retard?

A system that taxes work harder than it taxes wealth, is not fair system. Rebalance housing and tax rules so young workers get a fairer shot at stability and affordability is great aim to have for a nation we call the lucky country. Let's regain that luck back.

@Ben_Davison1 I can borrow against my bitcoin and never have to pay CGT 😎 taxes are for poor people

People on here laying out how they’ve EXPLOITED loopholes in the tax system as part of their whining about now having to pay tax on the assets they’ve had hidden in children’s names is truly amazing We don’t have sympathy for you FINALLY having to pay tax on “investment” income

@MattH093 Nothing helps the Aussie battler like more taxes.

These One Nation morons would have you think they’re ‘in touch’ with the ‘Aussie battler’ by the way. 🤡🤡

> Implying that the average 22 year old supermarket worker who’s also studying at university, has the disposable income to plow into the share market. 🤡

@MattH093 @AFLben89 Broke boy

@AFLben89 Then they should invest in something that has actual value instead of “assets” that driven up through pure speculation. Crypto chuds getting the rug pulled up from underneath them couldn’t have come soon enough.

@thewallstbulloz Champagne Socialist

🚨 HARD FACTS READ THIS! 🤯 😡 Jim Chalmers has never actually held a job outside of politics. His entire career has been in Labor Party and government roles. Right before entering Parliament in 2013, he was Executive Director of the Chifley Research Centre, which is Labor’s in house think tank. Before that, his most significant role was Chief of Staff to Wayne Swan when Swan was Deputy Prime Minister and Treasurer under the Rudd and Gillard governments from 2010 to 2013. Walking it back further, his career path was basically a straight line through Labor politics: Research officer in the Queensland Premier’s Department under Peter Beattie from 1999 to 2001, then ALP national research manager, then media adviser to Wayne Swan when Swan was Shadow Treasurer, then deputy chief of staff to Opposition Leader Kim Beazley, then senior adviser to NSW Premier Morris Iemma, and then back into Treasury as Swan’s deputy chief of staff and eventually chief of staff. So in short, the man overseeing the biggest tax reform for investors in 27 years has never run a business, never invested professionally, and never worked in finance, banking, or markets. He has a PhD in political science from ANU, and his working life has been Labor staffer roles and political advisory positions. Make of that what you will.​​​​​​​​​​​​​​​​ 😡 #australia #budget2026 #LabourLeadership #federalbudget

@TruthFairy131 I'm joining Gab

“Christian identity is a form of anti-Semitism" - Dr Andre Oboer tells Australia's antiSemitism inquiry. He then goes on to blame social media companies such as Gab, X & Telegram for antisemitism & says they are used by the ‘far right’ because they allow free speech without the same tyrannical restrictions that breach basic human rights like other platforms. No, ‘Antisemitism’ is a natural result of the behaviour & actions of J people & Israel. And this kind of rhetoric, targeting innocent Christians, White people, those that support freedom of speech & freedom of expression is DANGEROUS. This enquiry was supposed to address the Bondi massacre that was committed by ISLAMIC TERRORISTS & prevent another ISLAMIC TERRORIST attack. Instead they have made it about White Christians on social media. You can’t criticise Israel for the mass genocide in Gaza, Lebanon & past & present actions but you can target & critics ALL Christians & White people for an ISLAMIC Terrorist attack that had NOTHING to do with them. Psychological Warfare. They have exploited a tragedy to come after innocent people & our rights & freedoms.

@MickamiousG @grok They will come after the family home and superannuation again when the time is right. Inheritance tax + unrealised gains too. It's never enough.

Based on the latest negative gearing changes and CGT changes which impact stocks, crypto, ETFs, etc., where should young Australians now be investing their money for the most tax, for the best tax benefit possible and for to create wealth @grok ? Be concise.

@ausbtcclub @JEChalmers Labor voters aren't smart enough to understand

@JEChalmers You put $250 in our left pocket, but took out $10,000 from the other pocket.

BREAKING: We’ll put more money into the pockets of 13.3M workers with a new $250 Working Australians Tax Offset.

@friendlyjordies "The better economy we should have had, which was paused in the 80's" CGT wasn't a thing until 1985...

This is huge

@MarkDiStef AI has come a long way

They’re creating hot AI girlfriends to get mad on behalf of.