realtake

31 posts

realtake

realtake

@realtake11

Katılım Ağustos 2024
53 Takip Edilen2 Takipçiler
realtake
realtake@realtake11·
@idrekwmui @Matt_Smith7777 When workers pay tax on 100% of their wages but investors only pay tax on 50% of their gain. You call that fair? Why should investment income be taxed less? It should be taxed the same. And now it will be. The amount of loaded people sooking today, they know the game is up.
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idrekwmui
idrekwmui@idrekwmui·
@realtake11 @Matt_Smith7777 How is it a gravy train to not pay tax on a loss? What handout is there. In regards to capital gains tax. It disproportionately hurts low income investors. People who are loaded have structures in place to avoid the 30%. uni students dont.
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Matt Smith
Matt Smith@Matt_Smith7777·
Minimum capital gains tax of 30%. FUCK THESE GUYS.
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realtake
realtake@realtake11·
@KostLog @craigkellyAFEE Haha you people have no shame! Crying about the tax system being made fairer after you've already rorted the shit out of it. Good luck to you!
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Kost
Kost@KostLog·
@realtake11 @craigkellyAFEE Lol, they're already retired, no need to work anymore....the trust fund will close down in a couple years with full distribution too to avoid any unnecessary tax as well. Their overseas interests also covering them nicely too. Geez mate, you're running on 100% bitterness fuel.
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Craig Kelly:🇦🇺Foundation for Economic Education
Craig Kelly:🇦🇺Foundation for Economic Education@craigkellyAFEE·
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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realtake
realtake@realtake11·
@idrekwmui @Matt_Smith7777 Having the balls to make the tax system fairer is something Australians will benefit from for decades to come. There's a few gravy trains still in operation. This was the biggest and now it's terminated! NDIS is next.
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idrekwmui
idrekwmui@idrekwmui·
@realtake11 @Matt_Smith7777 how ever bad dutton would have been, this is a hell of a lot worse. Also 'gravy train'. Are you referring to the NDIS or centrelink?
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realtake
realtake@realtake11·
@MTurntbull @lavosaurus Woodside Energy's effective tax rate last year was 44%. ExxonMobile's Australian effective tax rate was 44%. What's your point? It's them damn mining companies not paying any tax mate!!!
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lavender baj
lavender baj@lavosaurus·
great day to be a young person who was priced out of being able to save their way to a home so they decided to invest in shares as a way to generate some level of financial security. glad we still don’t tax the big mining giants properly though, phew!
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realtake
realtake@realtake11·
@KostLog @craigkellyAFEE I'm sure daddy's little girls will be fine. Dad will help them out with all the tax he's saved the past 27 years on the gravy train.
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Kost
Kost@KostLog·
@realtake11 @craigkellyAFEE My daughters make much less than that....and have shares...put that in your pipe and smoke it.
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realtake
realtake@realtake11·
@idrekwmui @Matt_Smith7777 Labor got voted in because the Liberals under Dutton were a joke. No one would ever vote in Dutton. So maybe pick a better leader next time. So suck shit, gravy train has been terminated.
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idrekwmui
idrekwmui@idrekwmui·
@realtake11 @Matt_Smith7777 I now understand how these people get voted in. People as economically illiterate as you exist. Lazy morons who elect corrupt politicians to fund their centrelink. you are a loser
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realtake
realtake@realtake11·
@JamesDou111 @Matt_Smith7777 Tax 101. Foreign capital is not subject to CGT, except on TARP. And foreigners did not get the CGT discount anyway. Australians are taxed on worldwide income, so doesn't matter where they move their money to. So no, investment in Australia will not dry up. Dumbass.
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James
James@JamesDou111·
@realtake11 @Matt_Smith7777 now what the entire economy tank as money is moved offshore and investments in Aus dry up you dumbass
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realtake
realtake@realtake11·
@KostLog @craigkellyAFEE How would you describe someone on less than $45k? Tell me the term I should use. I think most people would call them battlers. Do you think paying tax on half the gain is fair when wage earners pay on 100% of their income? Stop being so emotional. Logic escapes these people.
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Kost
Kost@KostLog·
@realtake11 @craigkellyAFEE Labor uses 'battlers" all the time to argue their case - "pay their fair share" as though they weren't already paying....ffs, what are you a parrot for morons?
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Richard
Richard@Latho99·
@craigkellyAFEE How the fuck does some earning less than 45k buys shares and some valuable antiques (art) in this cost of living crisis 🤔
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realtake
realtake@realtake11·
@MarkDiStef Don't speak logic to these people. They are very emotional that the gravy train has been terminated.
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realtake
realtake@realtake11·
@ShitValueFund How is labour risk free? People invest years on a trade or uni, and are rewarded for their time. People risk capital and make a return based on risk. Low risk, low return. High risk, high return. Go learn about investing. Retard wants government to reward him for taking risks.
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MARKETS FULL OF R3TARD5
MARKETS FULL OF R3TARD5@ShitValueFund·
You absolute dumb motha fukar Income is risk free. You don't risk your own money to make an income. You risk your own money to make a capital gain.
Michael Timbs@michael_timbs

It is structurally unfair that CGT is lower than income tax. It means the rich can keep getting richer at lower tax rates. Unfortunately my hope was we’d cut income tax to match CGT rate in order to make it fair for people. Alas, we’re just seeing boomers pull the ladder up after them and making everyone pay insane levels of tax on all income.

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realtake
realtake@realtake11·
@ausstockchick Wrong. Working Australians can barely afford to invest. Taking a punt on a couple of stocks? You think that's make or break? The gravy train for asset rich Australians has terminated, time to pay their fair share.
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that stock chick
that stock chick@ausstockchick·
I say this with the greatest amount of respect. Retail, mums n dad investors just got burnt. It’s the sad reality. The government workers punting on a couple of stocks and buying a property for their future children. The average Australian just got rug pulled and it’s going to be incredibly difficult to ever be more than average now. Exactly as planned. Today is a sad day. #auspol
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realtake
realtake@realtake11·
@RobertCandelori How will it? Foreigners aren't subject to capital gains, unless it's TARP. And they don't get the CGT discount anyway. Domestic capital can go overseas, but if you remain an Australian tax resident then you are taxed on worldwide income. You can leave Australia for good. Bye!
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Robert Candelori
Robert Candelori@RobertCandelori·
This moronic budget will precipitate a mass exodus of capital out of Australia and disincentivise wealth creation. We are in banana republic territory, led by a government full of ministers with zero business experience.
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Nicholas Wolf
Nicholas Wolf@NicholasKWolf·
@stableshaman Of course they help first home buyers. If property investors lose incentives to buy existing housing, then more of those homes will be bought by first home buyers.
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realtake
realtake@realtake11·
@macsween_prue @AlboMP @JEChalmers You're probably lying awake because you're sad you can no longer ride the gravy train. Time for you to pay your fair share, love.
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Prue MacSween
Prue MacSween@macsween_prue·
I have been lying awake all night, trying to figure out how I will spend the extra $4.90 a week @AlboMP @JEChalmers is giving me. Insulting charlatans
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realtake
realtake@realtake11·
@CaroDiRusso So no one started a business before 1999, when the CGT discount was introduced? Damn, I didn't know th concept of starting a business in Australia only started 27 years ago.
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realtake
realtake@realtake11·
@StevePHolland You're right, we should tax gains on primary residences as well. Australians would be far better off if they stopped overcapitalising their homes.
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Steve Holland
Steve Holland@StevePHolland·
If a young renter madly saving for their first home buys some shares with their after tax wage and (over time) makes a $50K gain on the share market, they'll pay 30+% tax. If a home owner's house increases by $50K in value over the same period and they sell to upsize, no tax.
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realtake
realtake@realtake11·
@TimWilsonMP "Taxes the future hopes and aspirations". No, it fairly taxes actual gains being made by asset rich Australians. Hardworking Australians who pay tax on 100% of their wages will no longer be subsidising the few. Bye bye gravy train.
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Tim Wilson
Tim Wilson@TimWilsonMP·
Labor’s budget is a betrayal of the Australian people. It taxes the future hopes and aspirations of young Australians to pay off Labor’s debt and addiction to spending. Can you afford Labor’s new taxes? Tell us your story at notthetax.com.au
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Keşfet

@idrekwmui @Matt_Smith7777 @KostLog @craigkellyAFEE @MTurntbull @lavosaurus @JamesDou111 @Latho99