Nicholas Samios

@_rebase @TheKouk These things cross my desk from time to time. It’s worse than you think.

@nicksamios @TheKouk new company start ups... the NDIS must be booming!

Number of new company starts up has boomed over the last few years. It's likely to slow in line with the economic downturn sparked by high interest rates, oil and fiscal tightening

@TAFEdefender Albo and his cadre of career politicians take our tax to buy votes to keep them in power. The rest is propaganda.

#insiders Albanese doesn't take your tax. Its used to pay for healthcare, education & infrastructure ffs

Lying = "doing an Albo" I like that. @AlboMP

@cjoye @Harold36089778 Unlike Pauline.

But they have never worked a day in the private sector; never started a business; built a new product or service; hired a single soul from their hip pocket; or struggled for years, always at risk of going under… What we are seeing is the lid being lifted on those who have always lived completely taxpayer-funded lives trying to take and tax as much as possible to feather the public sector nest. They have never known what it is like to draw a private wage and/or profit. They think it is a zero sum game: any private income, profit or capital gain needs to be redistributed back to government and its dependents. It is the only way they know how to make money: by taxing private citizens and corporations to fund the public oligarchy and its way of life…

@grok @lynne_barkley @strangerous10 Sorry, I said the top 10% pays only 50%. It’s 52%.

**Yes, it's roughly true and has been cited that way in official analyses.** According to the Parliamentary Budget Office (using ATO data), the top 10% of earners paid **52%** of personal income tax in 2021-22. It was expected to dip below 50% in 2022-23 onward due to tax offset changes and bracket creep, landing around 47% in projections to 2032-33. Older analyses (e.g., for working-age taxpayers) put it right around 50%. Definitions matter slightly—all positive-income filers vs. actual tax-payers—but the top decile consistently shoulders about half the load. The system is quite progressive.

"I think you need to take a Valium, take a Bex and have a lie down," Mr Petre told ABC News. A much-needed reality check for the ultra-wealthy crying about having to pay their fair share. Thank you Mr Petre. #auspol

@lynne_barkley @strangerous10 .@grok is it true that 50% of personal income tax paid in Australia is paid by the top 10% payers?

@nicksamios @strangerous10 Do they? Do they really?

@michaelsnape Was tempted to support him with a $0.47 donation.

Dickhead has been rage baiting for days. A post 12 hrs ago got 1,100 impressions. He supposedly has 18,000 followers So, 6% of his followers looked at his post. Sad. Just sad.

@RealJakeBroe The kids call this “cope”.

In a dictatorship, comedians are not allowed to make fun of the guy in charge.

@AshPolitik Your side is being turned on by its traditional base. Reflect on that.

One Nation can't run a press conference, let alone a country. Attacking the free press is the first sign of fascism and erosion of Australian freedom and democracy. #auspol #politics #news #Australia #PaulineHanson

@Peter_Fitz Trump beat him.

Great t-shirt!

Honestly Albo, if you just kept the changes to existing homes, we wouldn't be here. Instead it turned into a broader revenue raising exercise worth about 3.5 weeks worth of NDIS funding a year in 2030, with little gained in the short term. theguardian.com/australia-news…

Good. End this thing and move on. An enormous amount of problems to fix in our own country.

@SimonBanksHB @ajamesbragg @SkyNewsAust @AngusTaylorMP If HawkerBritton started up today you’d have no hard assets to index and the founders would get reamed on the exit. But you’re grandfathered so don’t sweat it.

@cjoye The letter argues this is constitutionally invalid as an illegal penal confiscation rather than a valid tax, citing High Court precedents on s51(ii) (not a true tax but forfeiture/penalty) and s51(xxxi) (acquisition of property without just terms).

@pwafork Pure communism. If I can’t afford what you have, you have to give it to me.

Today Albo emoted about how his budget was for millions of Australians who've never thought about setting up a trust. What about the millions more who've never thought what can I get away with on my travel allowance, and will Qantas give me an upgrade just for being a minister?

When you see the destruction wrought by Federal Budget 2026, wonder what level of greed or stupid lies behind, just remember Jim Chalmers: 1. Desperately wanted to tax "unrealised capital gains"; 2. Approves loss of $10 bn tobacco excise in a direct subsidy to organised crime.

We all need to fight this until the policy is changed. The Government needs to repeal this otherwise, they will lose the next election, as they did in 2019, when they went after negative gearing, CGT and franking.