Sabitlenmiş Tweet
Gus
6.7K posts
@rationalaussie Had this exact thought. What's the point pushing for more.
English
It's like, you wanna tax your smartest, hardest working people and make them think 'why the fuck should I switch companies for another $20k above $190k range when half that goes to the government and now my job is harder?'
The Australian government is full of communists who don't appreciate hard work nor the value of money itself.
To add insult to injury they are now taking half of capital gains too, which is what the smartest people turned to to escape the income tax switching cost the government caused itself.
The solution is to cut income tax and capital gains taxes to 0, and take a huge fucking sledgehammer to all of government expenditure.
English
I find it almost hilarious that people say 'tax the rich' and their idea of rich is someone earning like $200k.
Brother, that doesn't even buy you a dogbox anymore.
And if you understood how hard these jobs at the top are, there's not a chance in hell you'd recommend taxing them more
English
Oh wow! This is a nice surprise! Going to be on vacation with my wife and two of my sons this week. May play around with this a bit, and see how much I can set back AI.
English
English
@Tesla Tesla account is lurking on @DavidMoss @scotsrule08 and @DevinOlsenn Do we need Nikita to get involved here? 😂
English
Australia is not getting it
Big Bearish@BigBearBummers
$700,000 off, just like that. Are you starting to get it now?
English
@elonmusk
Elon,
My husband Ted and I share this X account, and we’ve posted together many times. But today I wanted to write to you personally, from my own heart.
I want to thank you for creating tools that help me learn something new every single day, that make my life better, and that actually make me excited to live longer — because your inventions keep getting more amazing.
I was born in 1942 in Normandy, France, under German occupation. In 1946, my family moved to the coast along the English Channel. So many towns and villages had been damaged or destroyed. As children, we played among the old bunkers and in cemeteries. Later in life, I married an American airman, moved to the United States with him, earned a doctorate in education, and spent my career teaching languages.
Now I’m 84 years old, retired, and living in Alaska with my husband of 64 years. Not long ago I discovered you and your work. We recently bought a Cyberbeast, and I love everything about it — the comfort, the incredible technology, and especially FSD, which we use every day. We even installed a Starlink dish on our roof so we have reliable internet everywhere in Alaska.
I use Grok every single day. Thanks to you, I’m now learning about AI itself — at 84! I also use X daily because it lets me see what’s really happening in the world, without media filters or propaganda, and connect with people from every corner of the globe.
Instead of living in the past and reminiscing about the “good old days,” I wake up every morning excited to see what new invention or breakthrough you’re working on and what the future will bring.
Thank you, Elon, from the bottom of my old heart.
You’ve made this 84-year-old woman feel young and hopeful again. ❤️
Françoise
Here we are with our new Cyberbeast !
English
😍 get a quote @elonmusk
Irushi@Im_IrushiK
Unpopular opinion: Elon Musk should buy LinkedIn and delete it
English
@stevenmarkryan Do you see it dropping below offer price once liquidity hits months down line?
English
SpaceX IPO.
🦘🇦🇺
I am hearing some potentially positive news for Australian investors. Have seen emails circulating from an Australian brokerage stating they MAY have an allocation of SpaceX. Looks like they're waiting on an Australian SpaceX IPO prospectus.
Stay tuned.
Am trying to get more information atm.
stevenmarkryan@stevenmarkryan
Greats news for US-based investors. If you're outside the US: CALL every brokerage you can and ask if they're participating in the SpaceX IPO and if you can get an allocation. Report back with results. Country. Brokerage. Yes/No? This will help other investors.
English
Trying to prove a point.
How old were you when you became a homeowner for the first time?
English
The Australian dream gets risky when debt grows faster than confidence.
Many buyers entered with 5% deposits. If prices fall and repayments rise, negative equity becomes real.
👇 Comment below if you used the 5 % deposit.
#FirstHomeBuyer #PropertyMarket
English
@grantbelden You buy SPY (etc) cause you wanted exposure to the whole market (or whatever sector). That includes whatever shitty or good companies happen to be in it. And it's done 7% or whatever historically on that basis.
I'm not buying IPO.
English
Judging by the comments over the past few days, a lot of people seem seriously rattled by the proposed negative gearing and CGT changes.
Do you think this is good for house prices?
English
I haven’t consumed alcohol for 3 hours. I’ve already noticed my sleep is better (passed out on a bench by the bar), I’m observing that my energy and mood are elevated, my relationships have improved, and I can just tell that I’m going to be feeling better and living a longer life if I don’t get some rare disease or into a car accident or something.
This is incredible.
It’s funny; after getting up off that bench and walking home, I couldn’t help but notice how many people were out having drinks and eating processed foods at restaurants along my route. It made me feel bad. If only they knew how good I feel right now, and how much better/healthier they’d be long-term (like I’m going to be now that I’ve stopped drinking), I just know they’d stop and improve their lives like I’ve improved mine. Once you go down this path, you realize how bad that stuff really is for you, and you just couldn’t go back/can’t believe people would do that to themselves. It’s disgusting tbh.
No judgment though. To each their own.
Gonna go get a run in, ttyl.
English
@TheRedPiranha Leave the property stuff. Ease up on productive asset investment
English
Classic Albanese bullshit.
Promise the electorate you won’t touch CGT or negative gearing before the election, then ram through a brutal tax grab in the Budget that screws startups, small business founders, share investors and anyone trying to build wealth.
Now, after the backlash explodes, he ‘flags broader carve-outs’ like it’s some generous gift?
What a joke. These ‘carve-outs’ are vague as hell, probably just enough to quiet the tech bros while the rest get bent over.
Tying this garbage to workers’ tax cuts is straight-up hostage politics: ‘Support our class warfare or you’re blocking relief for battlers!’
This isn’t ‘fairness’ or fixing housing, it’s envy-driven punishment of aspiration and risk-takers to fund more spending.
Details fuzzy, implementation rushed, economy takes the hit.
Labor’s specialty: sound good, deliver pain.
Australians deserve better than this amateur hour. 🇦🇺 Fark these muppets off!!
#AusPol #CGT #AlbaneseFail”
Financial Review@FinancialReview
Anthony Albanese has flagged broader carve-outs for business from the CGT increase, with a twist. ebx.sh/C1P3NF
English
Auction clearance rates remained low this weekend as property buyers are spooked by Labor’s proposed tax changes and a projected 10 per cent drop in house prices.
skynews.com.au/business/real-…
English
@GeoffWilsonWAM They need to make the CGT changes more asset class targeted
English
This is before the new CGT. Good luck Australia
Matt Davey@MatttDavey
Why are record numbers of Australian businesses collapsing under Labor?
English
@ausstockchick He is showing his hand.
Property changes should stay. CGT changes should be more asset class targeted.
English
I love how a mortgage broker has spent nearly 20k on a sign outside Canberra Airport which reads…
“Getting ahead just got taxed”.
Legend.
#auspol
English
@Richard01357064 It's not productive asset for society and has contributed to locking many out for too many years.
English
Gus, negative gearing does not magically create “tax-free wealth.” It allows investors to deduct genuine losses against income — the same principle businesses use across the entire economy.
And most property investors in Australia are not billionaires. ATO data repeatedly shows the overwhelming majority own just 1 investment property and many are middle-income Australians trying to build long-term financial security.
More importantly: when you punish investment, you reduce investment.
That means:
📉 fewer rentals built
📉 less housing supply
📈 higher rents
📈 more pressure on first home buyers
The wealthy usually survive tax changes because they already have established assets, trusts and sophisticated structures.
The people who get hurt most are younger Australians trying to:
🏠 rentvest
📈 build ETF portfolios
💼 start small businesses
💰 accumulate modest long-term assets
Australia does not have a shortage of envy politics.
It has a shortage of housing supply, productivity and investment.
Punishing aspiration will not solve that.
Gus Lefty Aussie Patriot@GusLefty
ATO Australia, high-wealth individuals legally reduce their taxable income to zero using property by combining negative gearing, capital gains tax (CGT) discounts, and tax-free equity extraction. This allows them to minimize their tax burden while actively building multi-million-dollar property portfolios High-income earners reduce their personal taxable income to zero using property investments and other deductions People are upset that these people will now pay tax
English
@DrCameronMurray On that same token, property investors are also to blame. No, hate the game, not the player.
English
This is a sign of unserious tribal nonsense.
Who is blaming individual migrants for following our own migration rules?
People are blaming their politicians for not regulating immigration to maximise benefits for existing residents.
English