Alan

Ellie Whitaker has a property in Canberra. She gets $322/night travel allowance even when staying in her own house. If you do this, it's income and you're taxed on it at your marginal rate. When she does it she pays zero tax. $24,177 claimed in just 3 quarters so far, tax free.

Ellie Whitaker has a property in Canberra. She gets $322/night travel allowance even when staying in her own house. If you do this, it's income and you're taxed on it at your marginal rate. When she does it she pays zero tax. $24,177 claimed in just 3 quarters so far, tax free.

@SistaRuthDOPD @billypilgrim333 @JaneCaro @1788isalright Your Saint Caro believes in violating the rights of others. She's the opposite of a "good character", she's bigoted and hypocritical. x.com/i/status/17239…

@billypilgrim333 @JaneCaro @1788isalright Even if what you say is true, the fact that Jane has compassion for, and advocates for marginalised people is a testament to her good character, unlike yours for finding fault with her based on petty resentments. Just rack off, mate.

Don’t be daft. The older I get the more self serving I realise the right is.

@tax_oz @itwittles @MSpringAuthor17 @JEChalmers Anyone teaching their kids to accumulate some shares, gold n bitcoin so they have a small asset base for a 2nd hand car and a buffer for their studies will need to also teach them why their mates are earning tax free, while they're getting slugged 30% for being organised: Labor.

@MSpringAuthor17 @JEChalmers Plenty of investors in that situation. My own mother made $20k of capital gains as her only income this year which is off course tax free given the tax fees threshold. Under Albo’s changes she’ll pay $6000 Feel free to keep pushing your own small world BS though.

I'm not going to allow BS to go through to the keeper regarding the extremely sensible CGT changes proposed by @JEChalmers. Tonight, I listened to an accountant tell a group of people that someone on a $40k income pays $3,200 in tax on a capital gain of about $40k. I called BS, asking what % of people on $40k have the cash to invest to make such a significant capital gain. He had to concede that his example was an exaggeration of proposals that were not even legislated. This example is the same BS the LNP/ ONP/ Rinehart/ Murdochracy coalition is trying to spin to the 95% of the population who carry the tax burden. It’s Time the 5% pay proper tax.

@the_LoungeFly @chrisbrycki It won't be indexed to inflation. It will be indexed to CPI, and it's a huge difference. In the last 10 years for example, cumulative CPI is approx 31%, inflation of broad money supply is 100%. You can even lose value and still be taxed. Now you'll be taxed even harder.

@chrisbrycki The 50% CGT discount is abolished. Profits will instead be based on a discount linked to inflation, meaning only "real" capital gains are taxed, dismantles the long-standing tax benefits of hoarding established residential properties under corporate, trust, or personal structures

Jim Chalmers’ fifth budget may ultimately be remembered for three political miscalculations: 1.Believing Gen Z has given up on aspiration 2.Believing Gen X and Millennials won’t feel betrayed 3.Unintentionally favouring Baby Boomers My opinion piece in today’s Australian.

@JP_Technology And at a 50% "discount" it only compensates for approx 6 years of broad money supply growth anyway (at 7%). If they inflate harder, this window shrinks even more. Past that window? The CGT discount doesn't even do the one job it's supposed to do.

The CGT discount wasn't merely to offset the reduction in real gains due to inflation over the holding period. It also offset the fact that gains accrued over MANY YEARS get taxed as though they were earned in a SINGLE YEAR, pushing most of it into the highest marginal bracket.

@AshPolitik @dnpont576 Pull your head in and perhaps learn about inflation and how it differs to CPI. You can easily track inflation on an asset, making no gain at all despite locking up capital for 10 years, and then be taxed for the privilege: grok.com/share/bGVnYWN5…

@dnpont576 Bitch do the research you dolt lol Ask Google, chat, claude, grok, come back

Basic research, Google, your local ai bot will refute any right whinger outrage "Australia has the highest CGT in the world" yeah nah! California: 37.1% NYC: 38.6% Denmark: 42% Australia's new floor: 30% Cope harder.

@HeroOfBitcoin It's NOT inflation indexed, it's indexed to CPI. The prev 10 years of cumulative CPI is 31%, while cumulative inflation (broad money supply) is 100%. Your asset "doubled" but is worth the same as what you started with, but you get taxed on 69% of your gain that isn't a gain.

Australia just got cooked. Government axed the 50% CGT discount. Now inflation index + minimum 30% tax on gains from 2027. Shares, property, crypto all smashed. They only ever raise taxes, never cut them. We need smaller government NOW!!

@AlboMP Fun fact. For every one of these homes, at least 1000 people migrated into Melbourne in the same time period. Labor thinks you're this stupid.

Nine months ago, these homes were still under construction. Now, 45 new social and affordable homes in Melbourne are ready for people to move into. We’re throwing everything we can at housing. 5% deposits for first home buyers. Fairer housing taxes. And more homes being built right across the country. Because everyone deserves a place to call home.

What ugly hypocrisy. Want the man fired for a standard security question, and your gf's response was to ask for his private and confidential medical information, which you've now posted online with judgement. Should not be proud of this behaviour, no wonder replies are disabled.

Let's keep the momentum going. Don't give up. Spread the word. These guys need help (money and signatures for their pardon petition both). bc1984.com/stop-regulatio… #FreeSamourai #PardonSamourai

@liv2cod @bramk @grok I decentralised mine by placing it on the corner of my desk.

@bramk @grok Oh look! Here's one of those "centralized servers" now! It's "centralized" because it's in about the middle of the desk. Full nodes can be easily built on a Raspberry Pi with 2T SSD. LIke this one.

HEY @GROK WHERE ARE BITCOIN'S SERVERS AND DATABASES LOCATED? LIKE PHYSICALLY.

@ProfSteveKeen @DSBatten Digiconomist still uses the ridiculously flawed "per transaction" metrics. You know this, last year I told you this too. Repeatedly and deliberately using incorrect info is intellectually dishonest, and you should be embarrassed. x.com/findogg/status…

@ProfSteveKeen @DSBatten If there's one person you specifically should engage with on Bitcoin, it's @DSBatten. He's done the work, especially in the environmental and energy usage aspects that you _think_ you understand, but clearly don't. (He only called you out because you posted nonsense figures)

Throwback time in the "Don't-understand-Bitcoin-but that-wont-stop-me-opining-about-it" genre Apparently "Bitcoin uses a lot of energy per transaction" 🤣

I haven't met anyone unhappy with setting up a bitcoin SMSF

@JAMA_current You accepted a junk pharma advert paper from @DrPaulOffit declaring "no conflicts of interest". Are you serious? @MaryanneDemasi @jeffreytucker @AaronSiriSG

This'll be good. Pre-ordered.

It is now exactly one year since I last worked — the end of February 2025. Centrelink rejected my JobStart application (it’s complicated), so I have no income and I’ve emptied my two primary bank accounts. Recently, I’ve accessed my savings account (something I hadn’t intended to do until I retired), which I hope will fund me for a year (a year and a half at most). After that, I will have to access my superannuation, which, hopefully, will keep me going until I retire in four years. Then I’ll have to rely on the pension to survive, with all that entails — most likely poverty, in other words. I applied for a number of library jobs, but I wasn’t interviewed. I’ve heard through the library grapevine that I’m probably blacklisted. I can’t apply for many other jobs (the hours have to be exactly right and I’m limited in what I can do) because I have a longstanding health issue that worsened due to stress after my forced resignation from the City of Armadale. I’m now, for the first time, on permanent medication (stress triggers ‘flares’ that exacerbate the condition). Diversity, Equity, and Inclusion (and its subset, Transgenderism) leave a trail of destruction in their wake, and the people who push this ideology are not moral individuals, no matter how much they claim to ‘Be Kind’, pose smiling in photographs, or dress in motley. Excessive and irrational empathy — precluding ideological malice as a motivation — destroys justice and reason. My current (and future) situation occurred because I had a different opinion on the subject of Diversity, Equity, and Inclusion and its impact on science, justice, liberal democracy, women’s rights, and free speech compared to the transgender/DEI zealots among a minority of library staff and the management of the City of Armadale. Ideologues live among us, and they’ve captured our institutions. Never let them tell you that Diversity, Equity and Inclusion is a completely positive ideology. It destroys people’s lives, and only ideologues or fools fall for its siren song. @FSUofAustralia @KirralieS @Glinner @k_mahlburg @HJoyceGender

@_aussie17 My nephew in Singapore suffered a vaccine injury of myocarditis, and his doctor refused to report it. There would have been significant underreporting.

@_aussie17 "the expert committee cited a Health Sciences Authority (HSA) update on Monday which said that as of June 30, the authority had received 12 reports of myocarditis and pericarditis occurring in individuals following their vaccinations with mRNA vaccines." todayonline.com/singapore/16-y…

Interesting story — this dates back to 2022; some cardiologists knew the mRNA vaccine harms but obviously couldn't speak publicly. "She had reservations after her cardiologist told her she had a weak heart and advised her not to take the mRNA vaccines."