@Auscrypto2 @Sauronlordking If you earn enough income to invest, you should be ok to pay fair share on the gains. It's indexed as well. Tax is on earnings. Doesn't matter how you earn it.
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No country for old men
826 posts
@nocoint @Sauronlordking You need to be a productive worker to earn enough income to invest. Are you a moron? Actually, don't even answer that.
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Imagine if you were a young person. You're saving up for a house. A rich uncle dies and leaves you a 100 thousand dollar share portfolio. Under the new CGT arrangements ,the government will get at least 30 thousand dollars. Imagine if these blood suckers bring in death duties. There won't be much money left for a house deposit.
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@Ireallydon9717 @Auscrypto2 @Sauronlordking Well no one is stopping you from speculative income. Pay the tax, like the wage earners do.
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@nocoint @Auscrypto2 @Sauronlordking Productive work allows the speculative. This is the way people stop being a wage slave. You sound like you wish to damn everyone to drudgery.
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@Auscrypto2 @Sauronlordking Speculative wealth is not greater than physical productive work. Time to piss in the pot and not piss on the hard work of productive workers.
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@nocoint @Sauronlordking Nothing stopping them investing... Just as I did and just as countless others do who educate themselves on finance. Do you invest your money nocoint? Or just piss it against the wind on liabilities?
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@Marxrockatanski @JeremyPoxon Yeah moron - I guess these great men build in vacuum and are not supported by a nation that provides them defence, medical, emergency, roads, maritime and logistics paid for by the salaried tax payer and people like nurses, firefighters, soldiers...etc
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@JeremyPoxon Build something cunt.
You’re a leech. And worse still you complaining leech.
Typing on a phone and on a platform designed and built by better men than you.
And blind to the hypocrisy.
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Oh my goddd, imagine if she never started Boost Juice. Not being able to suck down a $10 cup of liquid sorbet while you're in a shopping centre trying to find an iPhone repair kiosk :(
The Nightly@thenightlyau
One of Australia’s most successful entrepreneurs has slammed Labor’s budget and said they would have never started a global empire under the new capital gains tax rules. READ HERE: thenightly.com.au/business/janin…
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@ausstockchick It must get pretty warm in that noggin where the two solitary neurons are trying to form a synaptic connection. It's the deep Dunning Kruger effect that I find astounding, from economics to politics. A century ago, village idiots like you wouldn't be allowed to speak.
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I reckon if we called an election right now. Labor would be gone.
All credibility is lost.
You can’t make a load of promises, break them and then lie about the reasons you broke them and expect people to respect you.
#auspol
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@SenatorCash Angus Taylor is an abject moron. He couldn't make gas after a bean dinner. You'd like boomers and rich NIMBYs to continue to enjoy their class wealth and acquire more, whilst the salaried class pay as they go to prop up your profits from lazy non productive speculative wealth.
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Labor handed Australians a Budget full of higher taxes, more debt and zero hope.
Last night, Angus Taylor tore it apart.
No more taxing you into the ground for daring to get ahead.
No more flooding the country with people while your kids can't afford a home.
No more handing welfare to people who haven't committed to this country. No more burning through your money and calling it progress.
Our plan is simple: cut taxes, build homes, cap migration and back Australians.
Labor has failed you. We won't.
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@ausstockchick Do productive work. If speculative markets, that do not contribute to anything other than to the shareholders, is your primary source of income, then stfu and pay the tax. No one cares if you're impressed. You are a waste of space.
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I am yet to meet anyone who is actually impressed by the budget.
Every single person I’ve spoken to has said it is the worst budget in history.
Tell me exactly how any young person is going to create wealth in Australia now?
Nobody can answer that question.
#auspol
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@ausstockchick It's these lazy c*nts making money off of speculative markets - rather have people who are doing real productive work - pay! Plumbers, cleaners, nurses and firefighters can f*ck themselves and pay taxes whilst I sit and speculate on candle stick trend curves.
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Albo needs to change the announced CGT changes to apply to housing only.
There is no reason to apply it to stocks.
It’s pure greed.
#auspol
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@senatorbabet You make in a country that gives you security protection, defence protection, emergency protection, infrastructure to support transport and logistics - paid for by the salaried class whose tax is mostly pay as you go and GST. So yeah moron - pay the fkin CGT.
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Capital gains tax shouldn’t exist.
I risk my money. I build the business. I make the investment. I do the work. I take the risk.
So why the hell should the government take a cut of my success?
They risk nothing. They create nothing. They just take.
Parasites. F’en parasites.
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@craigkellyAFEE Yeah, that's the first thought on everyone earning 45k - when can I land my hands on some of them Antiques?! You 🤡... why are all these cookers complete morons
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If you are earning less than $45,000 your marginal tax rate is zero for $0 – $18,200 and 16% for $18,201 – $45,000.
However if you’ve bought a few shares, or maybe invested in a few antiques - that have had a capital gain, sneaky Albanese now wants to tax that not at your marginal rate, but at 30%.
Its a direct attack on low income earners and pensioner.
PoliticalPilot@PilotPoli
The 30% minimum tax on capital gains is the worst tax policy change in Australian political history. It's effectively saying to the average punter, don't save, don't invest, and don't try to make your money work for you. I've been a Labor member and voter since my first election, that ended tonight.
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@markbouris You are a special kind of moron. This guy singlehandedly screwed up both immigration and housing for the rest of the generations. There is no going back. This is an unbelievable level of brown nosing!
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What a treat on Anzac Day .
When John Howard was PM we had a surplus in the budget , no national debt .. yep zero , and productivity was up and we were the envy of the world economically .
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@logicaldebate @Shytownboy @realMaalouf Suicidal empathy. It took religious grit of Ferdinand and Isabella to get rid of this despicable ideology from Europe. And today's useful idiots welcome it with open arms. We do not learn from history. And we are worse for it.
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@Shytownboy @realMaalouf Knowing this, I cannot understand why any European countries still allow Muslims settle in their country!
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Iranian woman in Australia tells her story about escaping the Islamic regime in Iran:
“No one is Muslim in Iran. After 47 years of Islamic regime, we all hate Islam.
Under Sharia, we can’t have dogs, women can’t sing, and I would be killed for dressing like this.
We are peaceful people. We just want normal lives and to live in peace with everyone.”
Free Iran from the Islamic regime!
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@DiscountedTr You're a moron! I don't think you have the intellectual capacity to understand his books. Forget philosophy, his mathematics alone is really robust. I suggest you start with high school level probability and statistics and maybe someday you will reach NNT's level.
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@tomsegura This was incredibly boring. What happened to you?
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New special is out NOW 👇
Netflix Is A Joke@NetflixIsAJoke
Of course he’s worried. 🎤 TOM SEGURA: TEACHER is now playing!
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@nikhilkamma @nntaleb There are morons and then there are morons. Learn some probability and statistics.
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@nntaleb unfortunately he’s been wrong about crypto (with even US govt supporting it), has been wrong about IQ and wrong about protein (just look how actors build muscle quickly for films)
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The protein story is based on statistical BS, amateur data fudging. Bro Science is really for idiots.
1- Some do very well growing muscles on minimal protein ing., others poorly on large doses.
2- Remove the line, see the fraud.
3- One of the authors failed to reveal he was SHILLING for a protein supplement company.
4- For older people, ZERO evidence that supplementation work.
5- There is a variance among individuals but can be partially due to OTHER stuff they do, ingest, etc.
(h/t @maxflowminclout).
cc:@EricTopol
Invisible Hand Fluffer@maxflowminclout
I assumed taleb was on one, but I looked into it some more, and the protein for strength training literature is amongst the worst I've seen. e.g. spot the problems with this graph, from by far the most cited meta-analysis in the field (A source of the "1.6g/kg" myth) ...
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@ElijahComments @nicksortor Posts like this make me think we the west deserve what we are going to get. You can't self inject HIV into your blood stream and say it's the same as flu virus. At some point it will turn into AIDS and destroy you. Islam is exactly AIDS when it enters secular democracy.
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@nicksortor Whats the problem ?
The call has been for a seperation .
These people want to FINANCE their own city ?
On land THEY buy ?
Governed by THEMSELVES under Federal and State Authority. . . ?
Thats a W .
What makes the Amish or Native any different ?
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🚨 #BREAKING: The Trump DOJ has launched an investigation into the proposed Muslim-only EPIC City in Texas
GOOD! SHUT IT DOWN!
The 402 acre site would governed by SHARIA LAW. We’re not doing this crap in America.
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@Matthew1542257 @adalluch There is no Ferdinand nor Isabella this time around - just a commie Islam friendly government which will gut you from within - slowly but surely. Your kids are on Snap and TikTok learning to hate the West - by design. It's perfect for a medieval evil desert cult to flourish.
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I was talking with my cousin the other day. She is 10.
She goes to the same school I went - an atheist public school in the best neighbourhood of my hometown.
She told me there are only 7 Spanish kids in her class, with over 20 students.
The rest of kids are from other countries, most of them from North Africa.
What’s funny is the fact that pork it is not included in the lunch menu.
However, they did serve meat every Friday during Lent.
Spanish kids are no longer a majority in Spain’s classrooms.
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@JasonFriendly3 @BastianKezzif @NoContextHumans What are you - a Muslim cleric? Are you scared that you will get aroused? F*g
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@BastianKezzif @NoContextHumans It’s a saying. But running would be acceptable. But after the run, put some pants on. No one wants to see old dudes legs. And I mean no one.
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@nocoint @JChimirie66677 @realMaalouf Okay and the same thing can be said for Christian fundamentalists, and Jewish fundamentalists all religions need to shut tf up.
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