From Newsgroup: aus.politics
Peter Jason <
pj@jostle.com> wrote
Rod Speed <rod.speed.aaa@gmail.com> wrote
Peter Jason <pj@jostle.com> wrote
Rod Speed <rod.speed.aaa@gmail.com> wrote
Peter Jason <pj@jostle.com> wrote
Rod Speed <rod.speed.aaa@gmail.com> wrote
Peter Jason <pj@jostle.com> wrote
Rod Speed <rod.speed.aaa@gmail.com> wrote
Peter Jason <pj@jostle.com> wrote
https://www.facebook.com/Sunrise/videos/albanese-considering-reversing-planned-changes-to-trust/692440223964309/
I guess all the Labor gang are up to their nuts in trusts.
Guess again
More than half of the farmers are, and so is small business
Of course, as soon as almost everyone climbs aboard some "tax
planning" the government will move to tax it.
More of your mindless bullshit, most obviously with death dutys
It is not mindless, and it's not bullshit.
Its both, as always with you
Isn't the current labor gang doing just that?
Nope. there is no point for a wage slave
One is reminded of the old adage:
"Do do what everyone does, is to do nothing"
Everyone doesn't have a trust, it makes
no sense for most wage slaves
The vast amount of money in trusts does not come from
wage slaves, but from accountant's-driven planning.
Irrelevant to your ignorant stupidity about the labor gang
There's no point to it if everybody's involved.
Everyone never will be because there is no point for a wage slave
or even for someone whose income is entirely from investments
A vast resource ripe for the taxman.
More mindless pig ignorance given so few have a trust
(from a test on commodities speculation.)
Are accountants liable for pushing these tax plans?
Nope, as long as what they do is legal
Not always, and they're like lawyers: rotten to the core.
More mindless pig ignorance
It's what they do.
Bullshit with wage slaves
But even you, with all that Jurassic thinking,must admit that
something had to be done?
But Labor completely fucked up what they actually
did with both negative gearing and CGT
With all the neg-gearing of the past the housing
situation went from bad to worse?
Nothing to do with negative gearing with a housing
'crisis' where you are free to charge anything you
like and are guaranteed to have someone prepared
to pay that so you can't actually negatively gear at all
But there was something rotten in it.
Nothing rotten about it when hardly anyone can use it
I would have halved the tax benefit.
And that would have produced no useful
result given that so few use it and it would
be a flouting of the promise Albo made
Poor old Oz was becoming the Coolies of Asia, where
there were too many chiefs and not enough Indians?
More mindless bullshit given the lowest
unemployment rate in decades. in fact
for more than 50 fucking years
Of course "employment" could mean a casual's 1-week's work.
Nope, that's not how its calculated
And the completely stupid CGT changes means that
the fucking govt will grab at least half of what those
who start a small business from scratch and sell it
after they have taken minimal wages from it.
Will the notorious "goodwill" be included in the estimation?
There is no estimation, just the value received
And will see no one able to fund medical development
given no one will be stupid enough to do it here given
the way Labor has changed the taxation of it here.
True. But if a visit to the doctor cost $5.00 by everyone,
In fact the govt has just done the reverse,
provided free bulk billing for vastly more
maybe this would change?
Nope, because that was about developing new medical
technology, not the provision of medical services
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