ESG Sucks Capital

Is the Prime Minister of Australia mocking a 39 year old wage earning father for being unable to afford his own home? Incredible behaviour from our supposed leader.

#Australia 🇦🇺 💯 Accurate Highest Taxes On The Face Of Planet Earth 🌏 🫠

@MurrayWatt If Labor stayed home, the country would be better off.

Happy birthday Pauline. While you’re partying with another billionaire buddy, the rest of us showed up to Parliament to work for Australians.

@PaulineHansonOz You will need an investment-lead boom in your first term Pauline to revitalise the Uniparty damage. 0% CGT is a start on that.

@PaulineHansonOz I would roll all changes back and abolish CGT. We can't afford the LNP undercutting us.

One Nation supports negative gearing being allowed on 2 homes for everyone. The Labor government claims to be helping the younger generation, yet they’re taking away an investment strategy that has been used by generations before them. We completely oppose the changes to CGT.

@PaulineHansonOz Happy Birthday @PaulineHansonOz!

Look who’s come to visit me on my birthday, bearing gifts! I really appreciate the gesture.

@respeculator This is how I talk to colleagues in the morning at work when they insist in getting in my face.

This is as good as it gets… “as soon as one of you French fuckers push up on me up outta here”… 🤴🏼

WHAT 🤯 A man in his 40s with inflammatory bowel disease, was assessed outside a Tim Hortons, offered MAID, AND driven by the DR to the assisted suicide facility, and killed by MAID 🤯 I honestly thought this headline was fake, but it’s real Welcome to Canada 🇨🇦 I feel sick

@DaveTaylorNews Why would anyone spend? You can't get rich in this economy anymore so you need to keep the pennies you have.

"Over one third (36%) of businesses reported revenue had dropped over the past four weeks, while more than a quarter (27%) expect revenue to fall over the next four weeks." (ABS)

@MurrayWatt Power always goes up when in Labor is in. I remember what happened in the early 2010s with the Carbon tax.

BREAKING: Power prices in Queensland will DROP from 1 July because of our investment in renewable energy.

🚨 RUSSELL CROWE LOSES IT ON FANS IN PARIS — “DON’T FU*KING PUSH IN ON ME!” A heated clip of Russell Crowe is going viral after the actor suddenly stopped a crowd of autograph seekers in Paris and bluntly warned them to back off before things escalated. “Stay where you are.” “Don’t fu*king push in on me!” “I’ll come to you.” “As soon as somebody’s a dick, I'm gone.” People online are now debating: • whether celebrities are reaching a breaking point • if autograph culture has become too aggressive • and whether some “fans” are really just resellers chasing money Now the comments are sounding off: • “You can hear years of frustration in his voice.” • “Those aren’t fans. Those are professional vultures.” • “Celebrities are starting to hate the public.” • “Honestly? I don’t even blame him.” Was Russell Crowe justified here… or did he completely lose his cool? 📹: Instagram/hush.officiel

@LisaJaneSpencer Do you do standup at all?

“You got slapped.. and I got slapped too” 💅

One of the truly shocking parts of this appalling @AustralianLabor budget. Here we have @AlanKohler's graphic on @abcnews last night showing that the tax scales have changed if you incur a capital gain. So, after slaving in a warehouse, my 20 year-old grandson has $3,300 saved and has decided to put the money into a share index fund (an ETF). He'll keep it there for a few years. Any increase in value will be well under a thousand dollars. Previously, at his marginal rate, he would have paid no tax. Now, the government will steal 30% of it (oh, yeh, after indexation for inflation, right?). This is appalling! "Intergenerational equity", not only meaningless buzz words, but a lie.

Sickening to see Labor's millionaire Teal friend pushing higher taxes on others, after she made her squillions...

Jim Chalmers is in Singapore at business event explaining the benefits to startups why they should start their business in Australia under the new CGT regime

The world deserves to see what happened.

There are geniuses out there just walking around.

Top tech founders have formed a working group to fight capital gains tax changes they say will all but kill entrepreneurship. Federal budget: bit.ly/4dYZBKq

Small Cap Investing is Dead with a 77% spike in Tax Collection I have run 1,000 Monte Carlo simulations of portfolios of 20 Small Cap Stocks with the New Inflation Corrected CGT model versus the existing 50% CGT discount model. The results are devastating. The bottom line is that small caps are highly asymmetric bets where your small number of winners are meant to compensate you for your many losers. Mining companies are a good example of this situation and are a fundamental pillar of our national wealth. However if you tax those few winners at 47% with the trivial relative inflation correction you effectively wipe out the ability to offset your losses. This is because the tax drag on your few multi baggers is so high that it changes the entire logic of the investment process. It's become a loser's game. 1. ​The Moonshot Tax Penalty: Because Australian small caps rely heavily on a right-skewed distribution (a few massive winners offsetting many losers), the Indexation framework introduces a devastating tax penalty. For a stock that goes from $50,000 to $400,000, a 3% inflation adjustment on the original $50,000 cost basis is completely negligible. Under Indexation, you forfeit the 50% discount and pay a flat 47% on nearly the entire gain. 2. ​The Turnover Trap: With a 15% annual turnover, small-cap portfolios realize taxes continuously. Under the current system, every partial sale triggers a flat 23.5% effective tax rate, leaving more money inside the portfolio to compound. Under indexation, those early wins are hit at a full 47% clip, severely dampening the portfolio's forward compounding engine. 3. The Asymmetric Loss Failure: in small-cap investing, a stock can only ever lose 100% of its value, but explosive winners have unlimited compounding upside. The government’s asymmetric tax system completely devastates this dynamic: by replacing the flat 50% CGT discount with inflation-indexing for winners only, it leaves your nominal losses capped and completely unable to counteract the massive tax hike on your multi-baggers. Because a 3% inflation buffer barely dents a 400% moonshot gain, you end up paying a brutal, un-discounted 47% tax rate on the very winners that drive a small-cap portfolio's success, causing a 77% spike in total government tax take overall. Even in investing we see the socialist government wants us all to be the same. Communists. (Technical notes: Model executed using Gemini Pro with 1,000 portfolios of 20 stocks each with the volatility and median return typical of this class of small cap stocks over the last 10 years, using a geometric mean process to step forward each portfolio each year).