
xenomorph
109.8K posts

xenomorph
@geostation
i dont have any particular talent , i'm just curious





@tax_oz @AlboMP They’re also ignoring the fact that the 50% “discount” helps acknowledge that the tax bracket system reset annually and an investors profits may be generated of a number of years (or decades) They’re trying to make out like the 50% discount is some kind of tax “loophole”

It’s painful listening to these grubby, money grabbing Labor Ministers. It’s a Death Tax and you’ll be paying 30% tax on assets you purchased after already being taxed. Make it make sense.

The CGT discount exists because share investing has risk, ties up your money for years, and you pay tax on a lump sum capital gain = not regular income That one off gain can push your entire amount into a higher tax bracket, unlike your normal salary. The discount balances that.



I’m really sick of the lies being peddled by RWNJ. There are no changes to the CGT or Neg gearing to existing landlords. Nothing! If an existing landlord increases rents using it as an excuse it is because they are being greedy.






Aus Small Business Owners .. you royally roggered!! The founder. Now let’s talk about the scenario no one is discussing. You start a business from scratch. Minimal capital — call it $10,000 to get the doors open. You pay yourself below market rate for years. You absorb risk that no corporate employee ever absorbs. Ten years later you’ve built something real, and you sell it for $5 million. Under the old rules, your taxable gain is half of the $4.99 million nominal gain. Combined with $100,000 in ordinary income, your tax bill lands at approximately $1.16 million. Enormous — but proportionate to a decade of risk and sacrifice. Under the new system, the government’s inflation indexing adjusts your $10,000 cost base to $12,800 after ten years at 2.5% CPI. That’s their concession for a decade of inflation: $2,800. Against a $5 million exit. Your taxable gain is now $4.99 million, taxed at full marginal rates all the way up. Your bill: $2.34 million. That is an extra $1.17 million handed to the government — on money that was never a salary, never a bonus, never passive income. It was the return on a decade of concentrated personal risk.







