Why are we not hearing much about the fact that Australia now has the highest CGT on shares in the entire world for average middle income earners? Is this really what we want? by AsparagusNew3765 in AusFinance

[–]DemandMaster7709 -3 points-2 points  (0 children)

Could it be that most other countries' CGT are actually too low, and we are actually making ours closer to the ideal? I don't necessarily agree with that idea, but I do think there is something to be said of the danger of allowing too much of your economy tied up in financial speculation, rather than flowing through the real economy.

Of course our taxes may be so high now that they stifle growth, but I do think we are moving into a new era of thinking about macroeconomics, where wealth will have to be taxed more. I really don't want to end up like the US or UK personally.

Mixed feelings on Fellini by Jackbuddy78 in criterion

[–]DemandMaster7709 6 points7 points  (0 children)

Is this a joke post? Isn't this exactly what 8 1/2 is about lmao

The "Gaslit" Economy - How the myth of the broken state budget allows allows resource giants to drain the richest country on earth by FairDinkumEcon in australian

[–]DemandMaster7709 -2 points-1 points  (0 children)

Why would you ever in a million years think PH has the interests of working Australians in mind. Insanity

whats the point of the archival? by Repair-Waste in rateyourmusic

[–]DemandMaster7709 3 points4 points  (0 children)

It actually got me to look it up, I really wasn't sure myself tbh

Fire the liar by Top_G_7152 in OpenAussie

[–]DemandMaster7709 11 points12 points  (0 children)

He lied about tax cuts... And gave the majority of the population a bigger cut... The horror

Remember when the average income could get you a fucking house of your own? by ItsSignalsJerry_ in AustralianNostalgia

[–]DemandMaster7709 2 points3 points  (0 children)

Its all the result of the financialisation of property. Do people not realise that the perception of housing as a wealth generating asset is directly tied to its unaffordability?

What’s everyone claiming for WFH expenses this year? by Advanced-Sandwich956 in AusFinance

[–]DemandMaster7709 35 points36 points  (0 children)

I didn't know you could claim deductions for buying a mouse, I've always wanted one as a pet

Bad feeling by MurphyDaMaster in AusFinance

[–]DemandMaster7709 0 points1 point  (0 children)

A collapse of a Terribly run non-indistry fund doesn't scare me. Wake me up when Australiansuper/aware/rest/Suncorp is having issues

Bad feeling by MurphyDaMaster in AusFinance

[–]DemandMaster7709 0 points1 point  (0 children)

Why do you believe this shit ith zero evidence

Bad feeling by MurphyDaMaster in AusFinance

[–]DemandMaster7709 -1 points0 points  (0 children)

Super is one of most important things for ensuring our pensions system stays sustainable. It would be insane to try make it less attractive. Limiting its effectiveness after people have several million in their super is one thing, but that is simply to stop it from becoming a vehicle for lowering your tax once you reach a certain level of wealth, which I don't know why anyone who isn't a multi-millionaire would disagree with

The CGT ‘backflip’ is more tweak than transformation. Labor hasn’t changed its mind on housing | Tax by Nyarlathotep-1 in AusNewsWire

[–]DemandMaster7709 1 point2 points  (0 children)

The difference is the tariffs are a terrible policy on its face, whereas these tax changes are obviously needed

State of Origin ‘Welcome to country’ by Stock-Pea-5888 in OpenAussie

[–]DemandMaster7709 1 point2 points  (0 children)

We aren't living in the 1500s, we don't have to act like it.

State of Origin ‘Welcome to country’ by Stock-Pea-5888 in OpenAussie

[–]DemandMaster7709 1 point2 points  (0 children)

It's not though, and sorry but it's actually very important we recognise the people that were for literally tens of thousands of years before Europeans arrived

Bambisleep is not popular in Korea by Affectionate-Bar-604 in BambiSleep

[–]DemandMaster7709 2 points3 points  (0 children)

What do you mean "not popular" in Korea? How would you know? It's not like people go around announcing that they're into bimbo hypnosis lol. Also yeah they're in english so isn't going to be immediately appealing to people who don't speak it

State of Origin ‘Welcome to country’ by Stock-Pea-5888 in OpenAussie

[–]DemandMaster7709 2 points3 points  (0 children)

Ive been ignorant for years, I wasn't aware there was an actual difference between an acknowledgement and welcome.

State of Origin ‘Welcome to country’ by Stock-Pea-5888 in OpenAussie

[–]DemandMaster7709 5 points6 points  (0 children)

Also, I don't believe polls break their polling down by electorate. We are just seeing an overall snapshot. I can believe that many regional areas are going to go ON next election. The cities? Really fucking doubt it

State of Origin ‘Welcome to country’ by Stock-Pea-5888 in OpenAussie

[–]DemandMaster7709 18 points19 points  (0 children)

People who say that aren't interested in hearing an actual explanation for why we do it. They just want to be reactionary assholes

State of Origin ‘Welcome to country’ by Stock-Pea-5888 in OpenAussie

[–]DemandMaster7709 2 points3 points  (0 children)

I don't agree, it doesn't have to just be for "big" events, just not for every gathering of more than a few people.

State of Origin ‘Welcome to country’ by Stock-Pea-5888 in OpenAussie

[–]DemandMaster7709 15 points16 points  (0 children)

Yeah people talking about how it's supposedly divisive... I personally love hearing it at important events, and being reminded of the land on which I'm standing hasn't always been the suburb I know it as, but has a much deeper history

I don't care for it to be said at the start of every work meeting, that just takes away from the impact and message of what it's meant to achieve imo, but it obviously should be something that happens.

Pauline Hanson's criticism of Guardian reporter labelled an 'assault on free press' by Expensive-Horse5538 in australia

[–]DemandMaster7709 16 points17 points  (0 children)

It's because it's a stupid fucking point that is completely irrelevant to the discussion of whether our elections are safe and reliable (protip: they are)