CGT changes are adjusted for inflation and still represent an extremely attractive vehicle for people. What else are you going to do with money you’ve amassed, sit on it like a dragon?
All it does is shift some or the tax burden to rich arseholes and make hoarding land less attractive (even adam smith thought landlords fucking sucked).
ryannathans@aussie.zone 3 weeks ago
One Nation? No thanks
naevaTheRat@lemmy.dbzer0.com 3 weeks ago
The budget you silly sausage. Unsurprising that you think it’s a bad one with reading comprehension like that
ryannathans@aussie.zone 3 weeks ago
It is bad, the changes discourage investment in creating new businesses in Australia. It’s going to screw the country in the long term
naevaTheRat@lemmy.dbzer0.com 3 weeks ago
citation needed.
CGT changes are adjusted for inflation and still represent an extremely attractive vehicle for people. What else are you going to do with money you’ve amassed, sit on it like a dragon?
All it does is shift some or the tax burden to rich arseholes and make hoarding land less attractive (even adam smith thought landlords fucking sucked).