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Really? Because if you listen to the press young people "unanimously hate this and want Albanese's head over it".
That’s because our press lie by omission; the full headline ought to be: “[we want] young people [to] unanimously hate this and want Albanese’s head over it [and we will do everything in our power to convince enough gullible idiots of this as possible].”
I have to remind myself to keep calling it Income, and all income should be taxed equally. Sold some shares for profit? that is income. Sold an investment property for profit? That is income. Family trust is earning intrest? This is income. Started a small business and sold it for profit? That is income!
This.
According to government modelling lol. The same government making the changes without running on them as an election point, the same government who before this election promised they wouldn’t make these changes. Sorry if I don’t believe them.
The CGT changes don’t make young Australians better off. They mean that investing just got a whole lot less effective as a means of building wealth.
Why should investment income be taxed less than employment income?
Which in turn wont make young Australians better off in terms of entering the housing market or paying too much rent due to a housing crisis caused (in part) by that very means of building wealth?
The only modelling that isn’t better off is OnlyFans models.
I basically just assume that everyone against these for going to far is outing themselves as the sort of person that would briefly entertain a crowd in a just world
youth is defined as individuals aged between 12 and 24 years.
Grandfather the good shit in for the old cunts, make everything better for the younguns, and fuck everyone in between.
Story of my life.
Unfortunately our MSM only shows the modelling of how the 1% are feeling unable to continue investing in Australia because of the Labor bastardry!
Like only making $19 billion profit instead of $20 billion is a good reason to pack up shop?
Now everybody wants a "carve out" apparently.
Time to reign in the MSM, especially now Mineheart has bought in!