Asstralians BTFO

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Fuck off commie fuck, I refuse to let this country to sink to your level

Australia is exactly like Canada in every way. Keep defending leeches though maybe some of it will trickle down

Posts political news story on political board

you're a chink troll

Why are retards like this?

Nothing ever happens

like you have a say in the matter cuck

What's stopping you from investing in the stock market faggot?

I can't believe that an uncool, not in shape Pajeet hijacked the persona of Tyler Durden to post on the Internet. Imagine believing this guy.

unrealized gains tax

lmao no fucking way

OP was gay

OP isn't gay, he full blown faggot with aids. Always was, always will be.

Fuck all commies, you deserve death and nothing better

Hahahaha leftist faggots will be a warning to everyone.
There will be no unrealized gains, because almost no one will want to invest in that shithole.

not letting stonk market parasites

You mean the parasites with government mandated superannuation accounts automatically created for every working Australian? Because that's all the law applies to.

stock market faggot

Is that what you guys call yourselves now?

tell him to get a job

he has a melty

Sure sign of someone who know's they're a leech

zerohedge

retards with an opinion

This is what vote faggots voted for. Australians deserve everything they get, and worse.

Answer the question. I started investing when I was making $9 / hr at the super market. What's stopping you, low gray matter? Insufficient amount of neurons? Too much doordash and uber eats to invest?

okhow they criticized israel?

Do you know what happened to all the bright eyed idealistic young revolutionaries that helped bring about Indonesia's Guided Democracy?
They were gunned down in the streets by death squads who brag about slaughtering them like dogs to this very day.
They made a documentary where you can watch them laugh at all the dead commies they put in the dirt. It's called The Act Of Killing.

why don't you be a parasite too? What's wrong, you don't like being a drain on society? You actually think it's bad when people do nothing but sit around and extract benefits out of people who work while gambling with their economy? Why won't you sink down to my level?

Hope this tax goes through fuck boomers and their retirement fund. They voted for this lmao.

can't answer the question and can't defend stance so proceeds to just repeat the same "parasite" bullshit nonstop

You're probably a smelly jeet.

Anyone can invest, especially now you can literally connect your bank account and deposit one dollar and pay no fees. In less than 15 minutes. If you don't WANT to invest, that's your right, but get off your high horse dumb faggot.

buy stock

it goes up 200%

now owe tax

it goes down 1000%

still owe tax

it's straight-up uninforceable, a bureaucratic nightmare of economic chaos for no real benefit

wow, was that written by THE tyler durden?? you know, the fight club guy?
that’s so cool! his name was robert paul, son! iykyk

umm, I am not a "parasite", ok? I am actually a type of cancer.

Basically means you have to sell or collateralize loans on any appreciated assets to pay the tax. Which will tank the market every end of tax year. Guess it also means tax credits for capital losses? So the gov pays you dividends for holding depreciating assets?

You have no idea what the stock market is and how shares will. Taxing unrealised gains would kill all investment in business overnight.

Hey fuck you bud, Aussies are fren
This hopefully fucks the Chinese investors over more

It’s funny, I was under the impression that Australia was a democracy, strange how people voted for this.

Thank goodness aussies handed over all of their guns!

This is just the start. Imagine the government taxing unrealized gains on houses.
Taxing un realized gains on manufacturing, stocks, other real estate, art, etc.
No one will want to buy or invest in anything in commie kangaroo land.

NOOOOOOO NOT THE HECKIN MOM 'N POP BILLIONAIRINOS!!! NOT THE ZESTY INVESTY BOIS NOOOOOO

My boomer parents are going to sell the house instead of giving it to me. I'll never own a house. I'll never have a retirement fund. They have nothing on me. I have nothing to steal.

How is it unenforceable?
They take a price snapshot at EOFY, and they put you in jail if you don't pay up.

Anyway, one thing which people don't talk about much with this is that it will increase house prices. Because a lot of self-managed super funds have fairly big investments in real estate (company premises, the family farm etc.), which will still be taxed yearly based on arbitrary price estimates. Remember that Australia doesn't have "official valuations" like America.
But the important thing is that principal residences are tax-exempt. So people will just sell their other assets and buy $10m mansions for the tax savings. The best part is that afterwards many of them will even qualify for the pension.

This tax is incredibly unethical, but it's also just idiotic. It will have a zero or possibly negative impact on government revenue.

Because of you.

If that were the case it seems to me that the law would have been written to specifically exclude common people yet was its the people whom are going to carry this weight. Like I said , funny.

This is a tax on any unrealised gains, as long as they're part of your superannuation. That can be literally anything, housing included.

Sorry chuddie, we've decided that your area had a big price surge on June 30, better pay us 30% of whatever we decide it increased by :^)

Australia is a third world shit hole chinese vassal state. You fuckers are now are enemy. You let them take your guns, you are reaping what you sow you fucking cucks.

I'm actually a little shocked they're going full retard. Godspeed retards.

kek. nice.

What do mutts use their guns for again? Shooting up Walmarts and schools?

I hope people start writing off Unrealized Losses on their taxes.

when I take my geopolitical economic life advice, its from accounts with the name and profile picture of a fictional character from overrated teens first rebellion movie

cheers for more taxes because he produces nothing and collects gibs

calls others parasites

They’re such evil cunts too, they only applied it to retirement balances over $3m aud so retarded Australians all go “not my problem, fuck the rich” not realising like with fucking everything it’s a slippery slope until they are raiding everyone’s retirement to pay for infinite pajeets. God I hate Australians.

People will move out of super funds altogether and the property bubble will expand like crazy. The cunt's will then apply it to property.

produces literally zero, absolutely nothing, while gambling with the economy of those who do

cries when he has to pay up

Cope and seethe, tapeworm.

Same. My parents own 4 houses. 2 of them are going to me in their will should they die but they have told me they plan to sell them all before they die. My mum wants to keep my childhood home in the family but my dad doesn't and wants the money. Thanks dad!

It's not indexed to inflation so 3 million will buy a hamburger in a few years the way we're going. If only we had a functioning opposition party, funny innit.

Just put it in a trust you retards

Don't care. Fuck the rich. I want to own a house. I will vote for who ever makes that the easiest even at the expense of all else.

The unrealised gains tax only applies to money you can't access (compulsory savings taken directly from your salary into an inaccessible fund). So, yeah, it's bad but it's badness it limited by pre-existing badness.

Good job you fucking retard, because this will increase house prices.

You're far better off collecting rent on a few million dollar houses that being in a super fund being raided by the wog.

I shouldn’t have to say this but obviously fuck the lnp, but after the last 3 years it literally shouldn’t have mattered who was the opposition we should have voted these cunts out out of spite. It’s laying staying with an abusive missus because your next one might be worse.
Yeah voting for the party who gave us 1.5 million pajeets in 3 years will help you buy a house.

No one will want to buy or invest in anything in commie kangaroo land

To be fair it's already like that without the tax. Mining and gambling stocks are all anyone bothers with because nothing else here makes money

They shoot hundreds of cops a year there and theyve faced off with feds at bundy ranch, and fought numerous battles like blair mountain. Also use them to keep niggers and other animals under control

Fuck off cunt. We're a third world shithole that you cunts and the chinks squabble over while the local politicians pretend we're important on the global stage thank you very much

How to fix the housing situation?

1) laws that ONLY native Whites can own land & propty
2) laws that ONLY native Whites can go into parliament, government jobs, or any positions of power
3) laws that ultimately will close the doors from nonwhite foreigners and strip the citizenships from nonwhite people that have gotten them

And if you think 3 isn't possible, thats just the jew talking to your ear. In 1923 America, before jews removed the White-only immigration laws, there even was a Supreme Court case (United States v. Bhagat Singh Thind), where a jeet had slithered into USA and then tried to "we wuz Aryan" so he would not be deported. The Supreme Court laughed out the jeet out of the country, and they ruled that not only must that jeet be deported immediately but that if there are any jeets in USA that have been accidentally given citizenship, their citizenships must be revoked and them deported immediately too.

It really is that simple, by implementing those 3 options housing prices will immediately fall to normal levels.
Of course NatSoc type laws where families get zero-interest loans and 20% get forgiven for each White child, plus disincentivizing parasitic practices like rentiering would further help the economic situation of families and from that also the White birthrates, but that isnt as important as keeping foreign parasites out of your housing market.

For example, a israeli jew called Chaim Zabludowicz (croatian for "deceiver son") owns 40% of all land in downtown Las Vegas.
This means that every person living on that land, improving that land, using it for business, etc. basically half the people doing anything in Las Vegas are paying billions in rent to a jew that does absolutely no labor.
This makes no sense, and is absolute insanity, why the FUCK should someone from a foreign hostile tribe own your tribal lands just to rent them back to your tribe?! Total and utter insanity. Foreigners should not be able to own White lands.

That's not how it works, chud

This country is a totalitarian nightmare.
Our politicians are unfathomably corrupt.

I sure am glad it stops there and will never ever expand to go for other gains

Only affects rich fucks who have 3m+ in their retirements (super) accounts, and the tax only applies to their super.

Literal nothingburger.

It's his money, not yours.

only affects the rich not my problem

Until it is your problem. How quickly people forget history.

Bootlicking bitch mutt.

only 3m+

only

haha, you silly memeflag. do you know what the cost of a shitshack "house" will be in austrailia in 2035? we are talking 10M minimum here. you will need 100 to retire. this will effect everyone.

anherohedge

taxes are bad

NUH UH YOU'RE A BOOTLICKER

you cannot possibly be this retarded

No doubt it will but it's not helpful to be inaccurate because it poisons the well.

You moron. People will put everything into the lowest tax asset class, i.e their primary residence. This guarantees the insane house prices get exponentially worse

noooooo this disincentive against me buying 10 houses and being a slumlord will somehow not make housing cheaper noooooo

Cope and seethe, time to pay up piggy

How's the habeas corpus going? Going to be your problem soon.

You can't withdraw from your super to buy for a house, it's a 11% automatic contribution from your employer. They already afford the most expensive properties here if they have 3m+ in super.

The way to fix it is to end fractional reserve lending, fiat currency and central banking, but that will unwind the global debt bubble and cause a lot of pain.

Just don't pay the tax. It's as easy as that. Simply don't pay.

Principal residences are tax exempt. It encourages people to pull money from shares and park it in a bigger house.
Or more realistically, a house for everyone in their SMSF family trust.

This is the inconvenient truth at the heart of my hatred for my own countrymen. The government said 'pls give us your guns' and a LOT of people willingly did. Over one psyop shooting. And this was the 90s; forget literally everything post 9/11, how do you come back from that?

while the local politicians pretend we're important on the global stage thank you very much

You are actually, due to your vast natural resources.
That's one reason why so many jews, jeets and chinks want to move there, they ultimately want to try to take those over, they're frothing at their rat mouths for them.

The problem of course is ultimately the jew, as he slithered in pretending to be White and proceeded to destroy the White Australia policy.
It kept your country safe, functional and affordable.
Not only safe like that no one's daughter get raped by a lebo, but safe from jew/jeet/chink/etc. parasites coming to your lands that on high-level try to bribe your politicians to let more of themselves in, and also to take over your companies and especially your natural resources for themselves, and on the low-level try to take over your lands and properties and rent them back to you as the average landlord parasite.

With the White Australia policy, aussies were able to chill relatively free of foreigners trying to attack your nation from inside, so you didn't have to pay too much attention and everything was fine.
Now that jewish demon-rats destroyed that policy, you are facing constant attacks from all possible directions and the aussie mentality of taking it easy and not worrying too much means that all those foreign hordes have went behind your backs and bribed the politicians and stolen the nation.
All the while your news are being casted by likes of jew-by-marriage Rupert Murdoch that pretend none of this is happening and destroying the White Australia policy was a good deal.

youtu.be/ENC2MTQx_1U?t=1171

odysee.com/@StanleyUniversity:3/AdmissionImpossible:c?t=1180

en.wikipedia.org/wiki/White_Australia_policy

Because a lot of self-managed super funds have fairly big investments in real estate

Maybe companies shouldn't be able to buy family housing.

You forgot the part where they said "pls give us your guns, and if you don't we'll put you in jail". It happened after many states already had registries, by the way.

I know that the ultimate fix is to go all Third Reich and use the economic policy of NatSoc Germany.
But that is indeed a larger change that will destroy the entire jewish international banking cartel and there is smaller steps that you can take before that.

Please explain what this means as if I'm retarded.

You're right. The only people seething are cryptobros and Stockbros, who are the capitalist elites that don't believe in borders you hate so much that import infinity jeets for the sake of pure profit.

That's when you say that you misplaced your guns and don't remember where you put them.

it's a 11% automatic contribution

It's up to 11.5% now.

from your employer

Your employer, the same employer pays your salary? So it doesn't increase the total cost of employing you? It doesn't increase the cost of increasing your salary?

When can I buy up half of Australia like the Chinks do after it death spirals?

Super accounts worth over $3m will get a 30% tax (in addition to the current 15% tax) for everything above $3m.

But it will be on "unrealised gains", meaning the amount which something is theoretically worth even if you don't sell it.
So if your property goes up by 10%, you need to pay tax on that 10% even if you didn't actually sell it. Which obviously forces you to sell it, in order to pay the tax.

It also doesn't index with inflation, so it'll eventually apply to someone who's currently 22 years old on an average wage.

You dumb fucking nigger. Some Boomers literally downsize and put the money into their super. This won’t happen anymore and will add even more pressure on the housing market.

You live on an island, the reality is you have the capability to reduce knife and gun crime by doing so because unlike the US you can actually stop the boats bringing in guns from abroad and your main export isn't guns.
The only problem with this level of thinking is it needs a level of trust in the government (and by the government in the people) that only works with a high trust population.
Switzerland however is a nation I personal would emulate instead, they at least train all of their kids for one year of conscription in weapons, leading to a highly educated high gun owning elite paradise that doesn't need to ban guns.
But the latter is impossible if you have nigs and Asians.

An unrealized gains tax is a tax that is based on how much you would have stood to gain without selling a physical asset.

For example if you have a car or a collectable that increases in value over time, you would be required to pay a tax each year based on the hypothetical profit you could have made from that sale.

Nobody wealthy and sane is going to stay in the country if they know that they're going to be taxed, year after year, for income that they never actually made.

some boomers

Oh no not some boomers!

housing market

Don't give a shit, already have a place. Go build some more apartments.

It also doesn't index with inflation, so it'll eventually apply to someone who's currently 22 years old on an average wage.

Based
Usury was always a scam anyway, ensuring every company was beholden to capitalistic elites alone through debt was always a recipe for disaster.

This just a fearmongering article you need $3 million AUD in your super who the actual fuck has that much in super?

Most people by age 30 have a minimum of $150,000 AUD

this is will never affect them, the guy is claiming well but maybe but big if true, just 2 more weeks and they'll go after you next!!! for really real!

Yeah, that's kinda your sign to start collectively saying 'FAFO' - like Americans do.

But we didn't, cos it turns out all those same big strong alpha gen x/boomer ozzies who clown on millenials and gen z all day, are all pussy faggots.

The US Income Tax amendment was originally only for the top 1%. Of course that was not the end goal. Now almost 50% of Americans pay income taxes. The Income tax code is also used to give bums tax credits, so they get money.
Governments always start small and end up fucking everyone.

You factor that into account when you negotiate your compensation senpai.

so it'll eventually apply to someone who's currently 22 years old on an average wage.

In 100 years when it happens they'll update it.

We've got a lot of people here who have 3m+ in their super freaking out right now LOL

Spoon-feed me about superannuation funds. Are they mandatory to pay into? Can you opt out? Are they matched by the government in any way? I assume employees make some contribution..is the big benefit the same as most western pension schemes: lower tax (which is effectively subsidized from the public purse)? If so, this reeks of a plan to kill the superannuation scheme, because (assuming this insanity won't be rolled out to other asset classes) people will instantly jump ship if they are able. If it's locked in until you hit the arbitrary retirement age like the uk does, boomers are gonna fucking riot

It was one of the policies of the government that won by a huge majority so yes people actually did vote for this

Employers*

Communism claims another victim.
Uncle adolf was right.

They didn't update it in this example:

It's strange how you think democracy is anything other than a meme.

They ran on a policy of wiping 25% off everyone’s debt. To make it even more insane in the budget they didn’t put it as an expense but instead put it off the books as an investment. They truly are evil.

Its essentially a law that got put in place back in the day because people were actual retarded and didn't understand putting money away to retire on instead of being homeless and poor.

But the real purpose is so that the superfund companies that look after your money gamble it away on the stockmarket or steal it from you with premium insurance. It's also incredibly hard to access your super fund, you need to have a specific emergency reason of why you need to access it. During covid people were allowed to withdraw their money since it was an "emergency" to pay rent, medical bills etc.

When you start a job you have to tell your employer which super fund manager you have so they can deposit the separate super money into that account, this is separate from your wage/salary and not taken out of it. If by any reason you don't tell them, they put that super money into a default employer account which you need to transfer over once the ATO (Aus tax office) has the details.

^student debt

Everyone's debt? Not everyone has HECS debts(Student loans for the Americans) you poofter

if i understand this right, this may actually be intended as to force the target audience to faster and more invest their money, right?

Soooo... No opt-out? Not even a SIPP style alternative? But it's 'free' money unless you voluntarily dump extra into it? It doesn't make sense friendo. Uk pension schemes are contribution based and the payoff is less tax on the backend.

It doesn't make sense

That's because you have a subhuman iq.

Yea I obviously made a fucking typo ya pedantic cunt.

You haven't figured out I'm British yet? We have pension schemes, that are contribution based but matched usually by employers, and can only be drawn down at a certain age, and in exchange you get a lower tax. So wtf is this superannuation crap.

No faggot, it's because it's gay and only a gaslit/Stockholm syndrome Australian would defend it.

Being British does not disqualify you from having a subhuman iq.

I didn't ask a brown person for their opinion, don't @ me.

You're doing a piss poor job of explaining what a superannuation scheme is, how it's taxed, and all the other questions I explicitly asked. Perhaps it's you who are deficient in the IQ department

The same dumb shit is going to happen here in 2026 with crypto currencies.

This. Anon Babble will always blame everyone except the actual people hiring and lobbying to invite immigrants. In fact they will defend them at all costs.

KYS vaxxed faggot cattle.

still screeching about vaccines in the current year + 10

Covid really did a number on auschuds didn't it

You factor that into account when you negotiate your compensation senpai.

Sweet, so I can ask for only 5% super and they can pay the other 6.5% to me directly? Also, what about "annual leave" can they just pay that to me in cash? I don't really need to go on holiday for four weeks of the year.

what happened to zero hedge? author should look up what superannuation is first before ranting about unrealised gains.

Labor should tax the super companies' unrealised gains thoughbeit

Interesting thing about US income tax is that the brackets are indexed to inflation. In Australia, they only change the brackets every once in a while and they make a big deal about it and how it's this big tax cut and so on.

No, but the lockdowns and forced injections did.

muh vax out of nowhere

Yep it's a non-White.

It isn't a hard concept.
It's literally

I paid into this they owe me this pension

Except you actual did pay them (or rather, your employer did, you can also pay into it if you want). It's basically a type of investment account with strict access limitations because retards will find a way to end up with nothing to retire with which then requires the government to bail them out.

Our current govt bought in 1.5 million Indians in 3 years, a 6% increase in the population and we voted them back in.

Labor should tax the super companies' unrealised gains thoughbeit

But those super companies are usually Union operated, so if they cut their income they'd be cutting a major source of their political donations, defeating one of the major purposes of superannuation in the first place (funnel political donations to the ALP from unions).

t. fuck you got mine boomer

No community, no family, no nation. We all live and die alone as economic units living in economic zones.

and we voted them back in.

The other party was saying how it was a good thing and how he wanted even more of them.
Stop pretending like it was optional.

Vaxxed faggot cattle sucking government cock. Pathetic.

Exactly i knew the article was fake and gay when he was crying about $3million AUD, all he had to do was search up the average super for specific ages.

And nobody but rich fucks have $3 million

Seething won't make you less brown.

Unvaxxed here, never lost my job or my home. Got two massive pay raises during covid, went from making ~ 60k / yr to 140k.

I still mention it to the normies how I'm unvaxxed and did well during covid to watch them squirm and change the subject. I get a kick out of it.

The difference is you're wrong, and I'm right. Vaxxed filth.

Fuck em all I’m not party shilling but in principle alone we should have voted out the party that did a reciprocal agreement with India that effectively allows unlimited jeets. It’s unironically over.

That's average. The average is pulled down by lifetime criminals and dole bludgers who have zero super balance. Also, women have small balances.

You gotta admit it was pretty funny seeing Australians talk like they're all tough shit for decades and then instantly fold under the slightest pressure.

Our current govt bought in 1.5 million Indians in 3 years

Yes and it will continue to happen as long as you live under liberal capitalism. If you'd like to drop the liberal part and keep the capitalism, you could always try out fascism where the corporations literally are the government and you are forced to work for the wages as the immigrants. If only there were some other way...

I act like an autistic poltard to people in public and wonder why they think I'm weird

I bet

Voting out the party that implemented it to vote in the party that said "I agree, let's do more of that" is not a solution. It's just bouncing around from bad to bad because mainstream parties have the same strain of aids and will happily fuck you over because they know your only recompense is voting for the other side of the kosher sandwich while pretending that you're giving them the finger.

unrealized gains tax

it's like having to pay child support even though the woman rejected me

I pay this shit and can’t do anything about it.

caring what normies think of you

Not gonna be me

It was very enlightening. It definitely demonstrated that the rebellious, larrikin Australian is long dead and gone. If it ever existed in the first place.
It also showed that our people and the government will turn on each other at a moments notice. Eye opener for sure.

The sneaky part is not indexing it to inflation, this is a future tax as much as anything. remember when 1 million dollars was a lot of money?It was inevitable that the political class was going to come after the superannuation piggy bank, they have lusted over it since it started.

I hate this line of discussion because it forces me to seem like I’m defending the lnp which I loathe, but they literally ran on 25% less migrants with a cap while the other party bought in double the migrants in any 3 year term in our history and categorically proved they cannot manage immigration. I’m a single issue voter- less migrants and I have no doubt we are getting 2-3 million Indians in the next 3 years.
t. Still didn’t vote liberal as I’m an ultra safe Labor seat and didn’t want to give the cunts my $4.

law does not apply to politicians

they excluded the biggest parasites

Saved

Who cares about a nation of chinks

if you have more than $3 million

ok so who gives a shit then? Fuck em

Your post was explicitly about how you care what normies think about you being unvaccinated, 5 years after covid.

The rebellious outlaw stock myth of Australian genesis is a fable designed to hide the fact that your ancestors were mostly people exiled for sex crimes, and sustained by media portrayals of fictional characters like Crocodile Dundee and Steve Irwin, because that's what Americans will pay to watch on TV.

Is this true or is it a cope?

Do you have to put money in to this account? Is it automatically deposited?

You can if you just ask for cash, you don't even need to pay income tax if you want to fuck the tax man.

Normally you can cash out annual leave too (provided you already have 4 weeks worth).

That's true

but they literally ran on 25% less migrants with a cap

Dutton was openly praising pajeet immigration, I don't believe for a second that he would've reduced immigration at all.
You aren't voting your way out of this by voting other team. At best you'd have to vote One Nation-tier parties and hope they make a slow climb into relevancy (but even they're inundated with jeets now) with all mainstream parties at the bottom, even below Green.

Personally I believe all electoral ballots should have the option of "None of these options are good, permanently ban all parties involved from politics and go again".

I don't know if this is bad phrasing or not but just in case, Steve Irwin was a real dude.

Holy KEK
That's some serious Jewish infestation
Way way worse than thought

If you're an employee it is automatic as well as from your employer. Not if you're self employed though, the whole point of it was to give everyone a retirement income, not to be a source of revenue to feed Pajeets.

If nobody killed her and her entire family they deserve it then
Bunch of worthless cucks

I'm beginning to believe that the way we were portrayed here in the Australian media, going back to the introduction of television and mass media, was deliberately designed to make us think that we're rebellious and anti-authoritarian. To take away our agency and distort the truth.
The truth is, the vast majority of Australians just believe what ever the TV/radio/newspaper tells them. Unquestioningly.
I know cunts with Eureka Rebellion tattoos who were upset that people were protesting the lockdowns.
There is zero critical thinking done down here.

No, he was a fictional character, and they killed him off because the actor was charged with 347 counts of bestiality. There was a publication ban on it in your country but everyone else heard about it at the time.

Literal nigger tier thinking

I don’t want to go in circles as I don’t think we are that far apart. It boils down to this, I’m just so black pilled that we voted back in the worst govt of my 40 odd years just because he ran on gibs. I get the uniparty stuff but I’ve got kids man, so I’ve got to have hope and I can just see where we will be in 3 years and I’m struggling to see a way back. Whatever slim chance Dutton would have been slightly better I was happy to take because as is I know what’s going to happen.

can't wait til 40 years down the road when i need my super and realise that 3 mil isn't worth fuck all anymore and i've been taxed out the arsehole

rich boomers finally get taxed

NOOOOOOOOOOOO LITERALLY ANNUDA SHOAH

kek old fart yells at sky syndrome activated

but i did eat breakfast today

you're a braindead nigger that can't perceive anything other than what is happening in the moment

30% tax on unrealised capital gains for superannuation balances exceeding $3 million

pay up old man

Australia is a cuckhold country. They claim to be such badasses and all of their politicians are massive globalist scum. Sad!

you know infinite inflation is coming

you know house prices are never falling

grandma finally dies and you get her shitbox house thats worth 5+ million

oops you gotta pay your taxes goy, guess we have to take that house for it :)

I'm 29 and NEET. I don't have a dime in my super.
You are still a braindead nigger.

didn't you just pay the kikes 1.2b for their little genocide playground? politicians cuck everyone.

HAHAHAHAHAHAHAHAHA

Leeching off the government is great. Enjoy spending your days in an endless rat race with ever changing rules that work against you, while the dollar devalues and your job is taken by ranjeshpreet, your house bought by a foreign investor and subleased to 15 turdniggers.
You clearly lack the understanding to realise what is happening before your eyes.

No my post is about how I like making normies uncomfortable. You are unfathomably retarded.

The most suicidal part of Australian society is that you have allowed yourselves to let the mutts encourage you to become antagonistic to their foes in your region just to feel some hype after seeing America abandon or backstab every single ally they've ever had. It is a good thing the Chinese are patient and not bellicose or things would turn out much worse.

le proud to be a parasite

kek this retard, not even deserving of a (you)

I like making normies uncomfortable

Ergo, you care what they think.

I already pay unrealized gains tax. They charge me tax based on some invented value for my home, not what I paid. So until they change that I don't give a shit about rich people paying wealth taxes.

unrealized gains tax will

only applies to Superannuation accounts over $3 million that are being used as a tax avoidance mechanism. AKA rich boomers rorting the system

OP is a shill he probably got gifted 5 investment properties by daddy and now he sits on Anon Babble all day while the rest of us work.

I don't think there's estate tax here and the cgt cost base is at the time of transfer. This unrealised tax in super doesn't effect 99.5% of Australia and the people it does effect are old rich fucks.

I believe China knows they don't need to use their military to take over Australia. They just need to keep doing what they're doing, buying up land/businesses and homes, while we keep importing them over by the boatload.
Jeets get a lot of the blame and fearmongering, perhaps rightly so, but it's the low-key Chinese infiltration that will have more long term repercussions.
The only thing that may fuck them up is the opposite of what you're asserting. Every now and again China feel the need to do some sabre rattling, and it hurt them more than it helps.

likes making fun of dumb people

hurrr durrr why do you care so much about what dumb people think?! Hurr

I just don't understand why Australians don't choose to work with China. It's right there, together you could carve out the entire SEA and Pacific islands.

You care what dumb people think because they are your peers

I hear you. It would've made sense.

where's Jesus is king?

Seems like mostly a boomer and rich cunt problem to me. Fuck em, all hail Chairman Albanese

Do they get tax breaks on unrealized loses?

Yes

Yeah this will probably ruin me

lol it’ll all be losses, they are going to fuck us up so hard
We’ll be 3rd world by the time the next election comes around
We’ll probably be seeing public hangings by then

Your country is far, far worse off than Canada. I think the most embarrassing aspect of Australian life is how curated and sterile your culture is. It is like a corporate board room created your culture by mixing American,British, and Canadian cultures together but removed the charm of all three. You are truly a vile people

Communists like this retard believe wealth is a zero sum, and therefore if you're gaining wealth by investing, you are "stealing" it from someone else, invariably some idealistic idea of a manual labourer. They don't understand the concept of value or how investing can increase productivity and thus the generation of value more efficiently than a centrally planned distribution of investment.

The zionist government of Australia put their people in camps. The politicians are blackmailed with child rape. We have no choice but to kill the zionist to become free.

Most of the people paying this are business owners who purchased commercial assets that they've leased back to their trading entity at barely legal terms like 12% yields and shit like that

extracting benefits from those who actually produce while gambling with their economy

It's not complicated, you're a rent-seeking parasite and that's why you get so mad when someone tells you to get a real job. You depend on other people and produce nothing of value, pushing their wages down and their cost of living up so you can get a little fatter

How long till Carney implements this shit?

Months?
Weeks?

Only a matter of time with that fuckface.

The optimal investment of resources in various development schemes is itself a job and a very important one not to be left to assholes like you and your fellow travellers.

I reckon your right, they are creating a surplus of serf they can bully into wars and economic insignificance to rule them by fear, They are pushing people to break so they can attack them, its a soft genocide that they control but if it breaks rank then its civil war.

Polticians exempted themselves by the way.

hehe shamone!

I hope he does, boomer, and you're going to seethe. Shouldn't have made your retirement contingent on house prices going up forever.

where will be without he Musks of the world?

Cope, these people produce nothing, the labourers and salaried engineers do, all investors do is figure out how to milk the maximum amount of profit out of everyone in the industry. Profit-maxing capitalists capture and kill innovative technologies, design products to fail, delay release of new developments, and eliminate all alternatives to their slop. Central planning has already made your talking points obsolete and will eventually make investors extinct as a class. The single greatest use case for AI in the near future will be market cybernetics.

This applies to almost all western government officials and bureaucrats. No accountability or repercussions for any of their blatantly traitorous actions.

Who are you?
Nobody gives a shit about Canada

You mean like every single business in Australia?
Why are you being so ignorant about this
Everyone will suffer, I know saying taxation is theft is a meme
This is actually theft, expect to see a lot more people homeless and boarded up businesses

can't afford to have kids

let's tax you more!

:D

:DDDD

why does Anon Babble always simp for rich people.

this is estimated to affect only about 80,000 people, it's a super rich tax. And rich people are already moving assets around to avoid it.

Superannuation contribution is about 10% of your wage.

To accumulate over $3million in super by retirement at 65 you would have to have had an extremely well paying job your whole life, probably a $500k+ a year, this is the 1%

the white australia policy isn't coming back any time soon. kids are bombarded with multicultural propaganda (plus aboriginal worship / self-hate) from the age of 3 now

Canada is much more relevant than Australia ever has or ever will be and I think you know this

God you dumb cunts are the worst of our country
You’re the same fuckers that voted yes on the voice and took the vaccine plus four boosters

Yeah it's a rort. I started off as a tax accountant and all these boomer business owners dumped so much into super before they changed the rules. I had clients sell a farm, saw mill, commercial real estate from their business to their self managed super fund. Got friendly evaluators in, sold from their business to their smsf for a price way below market. Then the rent yield was way more than anyone would pay. Then the lease terms are something nobody would accept.

You are literally in this thread talking about us
Nobody goes into Canada threads because nobody fucking cares about you
You exaggerate your importance greatly

just let the government take you guns away

lol

If you've got $3m in SUPER of all things, you're way past the age of having kids due to contribution limits. Even if you did, let's say you're some old fuck having kids, of you need a house just pull it out. As a chartered accountant this whole thread is rustling my jimmies

You sad envious faggots just can't stop thinking about taking other people's shit. For the people, and the children, and the future of course.

LMAO you idiots actually implemented the worst idea Kamala had?

Hahahahhahaha
Hahahahahahahaha
AHAHAHAHAHAHAHAHAHA
JUST WOW

NOOO NOT LE HECKIN JEWRINOS! NO MUH STONKS! AHHHH NIGERMAN I AM GOING INSANE SAVE ME

what does sucking up to rich people get you, is it because Labour = bad, is that your only reason.

this tax affects 0.5% of the population

Someone that has over $3million in super already is going to be a multi-millionaire, their super wouldn't even be their main source of income.

It always starts like that then they change it like it's no big deal to include everyone.

Bro, you're typing from a nigger infested shithole.

Exactly. These are old fucks living in Rose Bay using super as an inheritance tool. Fuck them, tax them.

Count yourself lucky you weren't in Australia during the scamdemic. It actually makes me angry how everyone and their mother turned against me.

I couldn't rent places because everyone wanted to see my vaccine passport.
I was fired from my job because I could no longer attend the office.
I was barred from going to stores. They had "guards" who would check that your vaccine passport was current before letting you in.
I was locked in my house and wasn't allowed out while vaccinated people were. $5,000 fine for leaving my front door.
I wasn't even able to get a haircut for like 2 years, just because the government said barbers and hairdressers are high-risk covid hotspots.
I lost friends and family because they thought I was insane and would laugh at me behind my back. And sometimes tell me they did so, just to try and shame me into getting the vax.

Life was absolute hell in Australia for the unvaccinated, and I will never, ever forgive the people of this country for doing that to me. I have zero loyalty to this country now and I wish a slow and painful death on all those who played into this fucking bullshit.

Seeing this play out in real time shattered my faith in humanity.

make it more expensive to own stock and assets for people who are not in parliament

Everyone sells

Only parliament members buy, probably some jews too

The 1% owns even more of the country

Profit

Is that close?

Nobody goes to Canada threads because they can't compete with leafposting

collect unrealized gains tax

collapse market with no survivors

destroy all taxes collected

Someone explain why this isn’t a good idea?

It only applies to superannuation over $3m so you missed the target and hit a bystander in the eye, but it was an indian so no one cares.

Leave that future Chinese colony while you still can brother scrounge the money you have sell your shit and migrate here legally like the white south afrikaners did

There are plenty of things that make weapons that aren't guns. You really don't have to put up with this shit.
London prove that much.
But the trick, and this is quite the point, don't go for nobody, go directly for the highest officers of the banks and government. They'll change tune when you literally bulldoze their fucking homes.

this poster is 100% correct

lazy skimmers dread real price discovery

pic rel $4.5 T in margin loans, this is exactly what caused the great depression

especially now you can literally connect your bank account and deposit one dollar and pay no fees. In less than 15 minutes.

lol

Remember when it turned out the killdozer faggot was having a paddy tantrum because he was asked to pay to connect to the local sewage system rather than poisoning the ground water by shitting in a buried cement mixer, and how people offered to buy the land for far more than it was worth but he refused to sell because he was a greedy boomer?

hardcap on superannuation

It's horrific, but probably not for the reasons OP would think. This is not a tax that will affect normies directly, so they are celebrating the heckin rich getting taxed.

Super is already the dumbest scheme in the world. The government forces businesses to pay a 12% tax on top of all wages (highest min wage in the world), uses that money to gamble with foreign investments and pretends that workers will get to access that bag when they turn 75.
It kills productivity of small business and suppresses real wages, driving inflation.
Gov and super funds already pocket virtually all of the investment growth, so this tax will be additional insult to injury, especially considering they just ran a campaign insisting that retard normies should voluntarily "top up" their super with whatever they can, direct donation to gov.

They are just transparently evil now, I assume that they are anticipating a crash and eventual need to 'unlock' super, so they're lining pockets

All that said. I have about $3k in super because I've worked cash in hand for most of my life, there's zero chance I'll live enough to enjoy my wealth in senility.

Given the option, I think most people would accept trading 12% super for a 5% wage increase, this would also release a huge cost burden on small businesses which can't breathe at the moment or operate without skirting every law

I have about $3k in super

Jesus that's grim. I hope you have other savings.

I have my own investment accounts. If you're staking your future on super, you are NGMI. I don't have any debt either, would describe myself as lower-middle class but I'm much comfier than basically anyone I know and financially secure.

By the time I'm claiming age, that age will have been put up multiple times. Not to mention that the value of our currency will be greatly deflated, that $3m cap might seem far away for people now but in even just 2 decades, it will be catching a snowballing demographic. Also, there will be more fees and taxes.

These bombshells don't feel like they have the effect they once did and that could be a bad sign for the future. LOL

In the future it's gonna be

no, chud, politicians families do not need to qualify for the draft

here's why that's a good thing

You sound poor

This will really mess with all the Anon Babble users with 3 million or more sitting in their super.

out fascism where the corporations literally are the government and you are forced to work for the wages as the immigrants

I really hated it when those gosh darn nazis imported 40 billion pajeets

This isn't about Canacuck though, go kick rocks faggot.

I am middle class and against ALL taxes. The notion of taxing "unrealized" gains is just extremely ridiculous. It should make you angry, but it doesn't because you're a retarded nigger.

It will happen here eventually. If Trump thinks it will get more money to Israel it will be forced through. I welcome the chaos

its automatic, it gets taken out of your pay regardless if you want it or not but it gets treated as if it is some form of extra or 'bonus' and they refer to it as if you have 'earned' access to the money when you reach 60 instead of it just having been your money all along. It was introduced to get old cunts off the state pension before the boomers got old enough to take advantage of it and overall prevent people expecting to use the dole as a retirement fund as they began to introduce the welfare system more and more. that was the selling point at least, that people didnt know how to put money away for a rainy day and would piss it all away. it doesnt actually work that way in reality, people have like 600,000 when they turn 60 it gets taxed out its ass before being given to the 'recipient' (returned to its owner) and then the owner of that money either drops it on their mortgage to pay it off (finally) or pisses it away on holidays before applying for the state pension and living off that til they die. happens every single time.

I'm all for doing anything that would destroy the rent-seeking-housing-number-must-go-up-forever permabull AIDS boomer faggots, but I doubt this is it.

If you want to hurt the (((rich))) you need to devalue anf pop the housing bubble. To do that, you need an immigration moratorium and an end to hedge funds. Don't expect this to be something that benefits you and hurts boomers. It never is.

the fuck are you gonna invest in instead?
If your income comes from labor it's taxed, whether or not you like it. I don't see why income from capital should be any different.

Retards voted Labor that's what they get.

Why are americans like this?

Tax shouldn't exist and all politicians should be hanged

unrealized

Most of these niggers and zoomers don't understand why this is the profoundly retarded part.

the post is missing a single word it's obvious what it was supposed to say.

Seethe

Yes.

You lost

You too
The difference is you chose it

Right wing economics has been proven wrong time and time again. But the only thing worse than Capitalists who pump out this bullshit is the White GOY bootlickers who promote it and agree with it. White people are dumb slaves to Jews and love every minute of it.

That's for now dumbass. They'll drop it to 1M soon enough at a different bracket the way they do it with everything. And of course there's inflation retard. Your 1M will be worth 3M in ten years

We already have that here. Fuels property prices because property is just about the only thing left worth investing in.

Another seppo as lasted about based Australians
Must be mad his visa wasn’t approved
Yawn.

hold my beer
t. oreganon

Good point. I always just assume people understand the language but the majority of these subhuman mongoloids probably don't even know what that means. They just see "tax the rich" and they're on board.

The best way to save money and not get taxed is to buy small amounts of gold, silver, or secretly buy untraced crypto from non kyc exchanges or anon crypto like monero. Stack, never tell anyone, retire, sell as needed, win. Fuck Jews. Fuck abos, poos and niggers. Fuck glowies and zog cop faggots.

Thinking communists understand economics is retarded in of itself
They continue to push it after how many times it has destroyed countries

Polticians exempted themselves by the way.

No they didn't.
Source if i'm wrong

Oh side note if you have a decent amount in super and want to take it out. It's super fucking easy. Pun faggots eat shit. Got any like bone, muscle, ligament issues even a sore back, shop around till you find a private surgeon get the right scans and shit get a letter from the poo surgeon saying you need it. Submit it to super tax Jews and get your money in your account a few weeks later lol.

corrupt and retarded local bureaucrats assign arbitrary inflated value to your house

demand immediate tax for the "unrealized gainz"

Just imagine.

unrealized gains tax

HOLY FUCKING BAAAAASED
TOTAL SHAREHOLDER DESTRUCTION

Based.
If you have 3M$ just casually "sitting around", you should be taxed as you have clearly way more than you need to live. Should be implemented world wide. Time for 1% to pay their fair share.
Nobody needs just extra 3 mil $

It is based.
A lot of people work hard can barely save up, meanwhile some luckfag nerds are sitting on multi million dollar "portfolios" that do literally nothing. They should absolutely get unrealized gains taxed to hell.

Remember that Australia doesn't have "official valuations" like America.

The fuck we don't. Every land title has a valuation attached to it that gets reviewed by the Valuer-General every few years and at a minimum council rates and sewer fees are based on it. If you own more than certain value of property then it's used to calculate annual land tax.

Imagine the government taxing unrealized gains on houses.

That's called property taxes, which in the U.S. are a yearly tax levied on homeowners, based on the current value of the home. As Florida's governor pointed out, its kind of bullshit to claim that anyone "owns" a house when the government can come and take it from you because you didn't pay taxes on it.

It's the absolute right people affected too

The reason you can't repair new cars? shareholders
The reason why your games suck? shareholders
The reason why literally every big corporation fucks YOU and their employees?
It is literally shareholders, they can hold the executives liable if they don't fuck you

We literally need this everywhere

All based posts

in WA it is based on what you could rent the property out for. we get absolutely fucking raped in the arse here.

i find the lack of parentheses in your post disturbing