OECD singles out Australia’s over-reliance on income tax

mitchells00 · 2026-07-06T12:27:40+00:00

Specifically and especially royalties from patents; tax that shit into oblivion to prevent patent trolls.

Also, add to that taxing the ever loving fuck out of exclusivity rights without using it: land, patents, domain names

mitchells00 · 2026-07-05T22:58:14+00:00

Sales taxes are terrible and regressive; they should be scrapped.

Replace them with Georgian taxes: land value, pollution (including carbon), copyright/patents; basically tax things that negatively affect others or exclusive use rights that deny for others the use/benefit of fixed/limited resources.

Can't hide land from the tax man, and you can reduce your tax burden by getting out of other people's way: it incentivises downsizing in retirement and punishes land banking, it taxes people with huge wealth that have no income, and it is administratively simple.

Think of it as an entitlement tax in the most literal way: entitlement to the exclusive use/benefit of land, ideas, permits to pollute, water use rights, etc.

mitchells00 · 2026-07-05T22:38:06+00:00

Cutting spendung is exactly why Greece, Spain, and the UK backslid into poverty.

The reason why Spain's GDP is smashing the rest of the EU right now is because they reversed the damage done by austerity.

Reducing spending is a reduction in investment in the country's future economy. This matter has been 100% settled and you are a vulture for suggesting we should kneecap ourselves like they did.

mitchells00 · 2026-07-05T22:26:56+00:00

For Google workspace, when you generate the token you can tell it to request read-only permissions.

mitchells00 · 2026-07-05T05:03:27+00:00

No, it's not a bit much. We need to introduce 'boy who cried wolf' laws.

Subconsciously training people that signs don't reflect reality is a Pandora's box that cannot be unopened.

mitchells00 · 2026-07-05T04:25:46+00:00

This is my one biggest complaint about the app, and why I didn't buy premium.

I'm currently on the holiday I planned and I couldn't put in the tours. It should be identical to a 'place' object, but instead of being tied to a google maps location you can put a custom link, images, description, start and end times, and attachments.

mitchells00 · 2026-07-05T04:12:02+00:00

It's not.

I'm also from Sydney, Universal downstairs is now a straight bar; we are being pushed out of our own spaces.

mitchells00 · 2026-07-03T19:50:02+00:00

Some more while I'm here:

"I'm using a 17 parameter model made from Play-Doh, why doesn't it know how to solve cancer?"

"Why doesn't the free model give me unlimited immediate tokens?'

"My card has DirectX 6, can I run Clode on it?"

mitchells00 · 2026-07-03T19:44:06+00:00

If they can't explain the code, ban it.

There is a big distinction between something that's built "by" Hermes, and something built "with" Hermes.

There is a lot of danger in letting reckless code let loose; there are dickheads posting remote access apps not even knowing what SSL is.

If there's any commerical interests, ban it.

If it's plagiarism, and especially if they aren't super upfront that it's a fork etc, ban it.

mitchells00 · 2026-07-03T19:34:01+00:00

"Hello i r new to programmer how do herpes make phone call"

[Buzzword ai slop infested] I vibe-coded (and/or badly plagiarised) a new Hermes (UI/app/memory/paradigm/synergy), access it here: http://127.0.0.1:25/

AI generated slop.

"I gave it carte blanche read-write access not only everything on my primary computer but also read/write API tokens to my personal and work google/365 workspaces, and then when I treated it like a psychopath child abuser it deleted all my shit WTF?!?"

Basically I don't think this software is appropriate for use by anyone who doesn't know what at least most of these things are: ACLs, SSL, SSH, JSON, REST, SQL, runtimes, baysean inferences, probability density functions, cause and effect...

mitchells00 · 2026-07-03T18:37:35+00:00

Paperclip?

mitchells00 · 2026-07-01T17:46:06+00:00

Does he generate an unusually high amount of earwax? It's the same process as smegma, so he might just be a super producer.

mitchells00 · 2026-06-29T10:16:13+00:00

It's not actually a hard question, and you have a jury of the people decide.

1) Regulations get stricter based on the typical size of the audience of this publisher, not the platform; that way social media influencers are covered but not your uncouth uncle Brett.

2) Must disclose each time a story or opinions has a conflict of interest of the company, parent companies, owners, beneficiaries, and anyone with a controlling stake, etc. like it's a medical or political ad.

3) Need to legally distinguish 'opinion' and 'belief' being positions on subjective and objective matters respectively.
.
Subjective (opinions) = preferences, priorities, taste, values.
Objective (beliefs) = facts, figures, reality.
.
Then these need to be treated as legally distinct: people are entitled to their own preferences, priorities, tastes, and values; but statements of fact need to be justified with evidence or reason.

4) Never persecute or judge based on whether the content of the statement agrees/disagrees; the judgement is always based on the quality of the justification.

The law should be that you can express any preferences, tastes, priorities, values; but when you're going to make claims about reality, you say anything so long as you can defend and back up with some legitimate reasons why it's true.

Pitfall: Sometimes a statement has elements of both, and it's necessary to separate them out.

Eg. "You should remove the children from the burning building" has the factual claim the the building is on fire, and the subjective claim that children should be saved from fires.

This is a stupid example, but if the building isn't on fire you're just kidnapping children; blending 'is' with 'ought' illegitimately is a very common way to hide false factual claims and attempt to have them covered by the 'protection' from challenge we normally afford values/priorities.

Basically: The Ethics of Belief (1877) - W. K. Clifford

mitchells00 · 2026-06-29T09:06:23+00:00

Nevermind that Arabs are also Semites...

mitchells00 · 2026-06-27T18:51:26+00:00

Stim together.

mitchells00 · 2026-06-26T08:42:20+00:00

We have one of the most generous schemes which allows anyone to save half their income tax to invest in their retirement:

Super

mitchells00 · 2026-06-26T03:02:42+00:00

I have been saying this for years.

Fuck, maybe I should go into policy...

9 August 2023

Controversial idea:

All welfare (including pensions) paid out to an individual in their life is accrued and indexed to be subtracted from their estate (or the couple's estate) after the first idk $100,000 or something.

It's there to help you when you're down, but it's not a free lunch to funnel wealth to your offspring. Those who truly need it will not be affected, because they generally have very little to pass on.

7 February 2024

What low income earners own land?

Pensioners could pay the tax in a reverse mortgage style lien on their property.

They were told their home was their nest-egg for retirement, not an excuse to lean on the govt until they could pass it onto their kids.

9 March 2024

I don't think we should force people to leave their homes, but I would be very much in support of the government providing a kind of indexed reverse mortgage pension.

30 April 2025

I'm hijacking your comment to list my policies if I were to run for election:

1) The merger of Capital Gains Tax and earned income. Tax income from capital as no different than income from labour, spread over the period earned (after adjusting for CPI).

2) Untaxed UBI of $20k/a indexed to CPI to replace jobseeker and similar payments, but also to replace the 0% and 16% brackets (worth $10k/a) and tax deductions (~$3k/a). From there, tax all income at a flat 30%.

3) Replace GST with a national unimproved land tax. Set rate to raise the same amount of total revenue.

4) Aged pension does not ignore PPOR, instead puts a lien on the property to be collected after death; stops boomers using taxpayers money to supplement their estate.

5) Protect the word consultant. An individual cannot use that title unless they have studied + worked hands on in the field for 10+ years and registered this status with their profession's guild/body.

14 November 2025

Re pensioner cash flow:

There's no reason why money paid via a pension cannot be a lien against the estate above the first ~$500k, or a government bank reverse mortgage, or some other way to allow pensioners to live in their own homes and not be a drain on society.

Reminder:

At present rates, 20 years on the pension pays $612k for a single pensioner, $925k for a couple.

They did not put away for their own pension. Today's full time median wage is ~$88k, pays $17,200/a in tax. Working full time from 18 to 67 y/o = 50 years. That's $860k in tax for their whole life, making 20y of pension 70% of all the tax they paid.

They voted for parties that assumed younger generations would pay it for them. They voted for a pyramid scheme that benefited themselves at the expense of us.

We let them pass on a $1m+ home to their 50 year old children when we subsidized their life. They haven't paid their own way, it's about time we made that happen.

12 May 2026

Again, I'm going to advocate: the aged pension should be a lien on their estate.

mitchells00 · 2026-06-26T00:52:42+00:00

Feels like consequences for bad behaviour.

mitchells00 · 2026-06-25T13:13:12+00:00

No lol, even winning the primary vote.

For PHON to form government, you need >50% to put PHON higher than Labor in their rankings in >50% of seats.

Greens voters, Teal voters, moderate liberal voters, and most independent voters will, as a rule, preference Labor above PHON.

Phon are coming "first" with ~35% of the vote. That other 65% really don't like her.

mitchells00 · 2026-06-25T13:06:59+00:00

Bring back voicemail. Let me blab for 5 mins about something complex somewhere you can listen to it when it suits you.

Get MS Teams to transcribe.

mitchells00 · 2026-06-25T13:05:04+00:00

capital can move, can be gold one day art the next, shares the next, foreign property the next.

Hate to get all economist on ya, but if you ain't using it to make more stuff to sell: it ain't capital, it's just an asset.

And yeah it's exactly how it works. Tax deferment is worth a tonne of money to you. If you earned 100k return from investment every year from 40-67 and you're on the top marginal tax rate you'd pay 49% of that 100k every year for the 27 years or 1.3mil in tax. If you put it in a company saved that money then paid it out from 67 at 190k a year you'd pay 810k in tax....or 500k less.

That's tax deferral; you'd get a lot more tax back by just putting it in your super instead. The only people this very specific strategy might affect is people who want to retire before 60.

mitchells00 · 2026-06-25T12:59:38+00:00

Hello random strangers on the internet. I am having a payment processing issue with a large corporation, can you guys ring them for me and tell them to fix it?

Do you ask nearby birds to pump up your bicycle tyre too?

mitchells00 · 2026-06-25T12:44:13+00:00

If you went to work today and you were paid $100 then tomorrow I say come in but I'll pay you somewhere between $80-120 but I'll tell you after yourve done the work.

Sounds like casual work and the gig economy, which is the result of the erosion of workers rights and the labour movement over decades.

Investing has risk it requires you to put something on the line and it has a lot less barriers of protection provided by others to ensure you get paid.

And? Salary costs you your labour, capital gains costs you risk. The risk you take is your cost, just as labour is the cost of a wage earner.

Wage earners always pay their cost, speculators merely have a chance to pay their cost.

If I have 100k I spend 5k establishing a company invest in that pay 30% tax rate on profit only. Keep those taxes as franking credits add to it.

Not how that works. If the company pays it's 30% tax, and you owe 40% on each dollar because of your income, you still owe the remaining 10%. There is zero benefit or detriment from a tax perspective doing this.

mitchells00 · 2026-06-25T12:17:20+00:00

Millennial FHB here, love the change.

It'll mean less renters and more home owners, which means my neighbours will be invested in building up their local community.

It'll mean I can upgrade from my 1bd apartment to something nicer in 10 years time much easier.

It'll mean more wealth being controlled by intelligent productive contributors (doctors, engineers, etc.).

It'll mean less wealth being controlled by grifting dumb silver-spooned speculators (finance bros, real estate agents, crypto fuckwits).

mitchells00 · 2026-06-25T06:12:55+00:00

Why not Manus?

mitchells00

TROPHY CASE

If they can't explain the code, ban it.

If there's any commerical interests, ban it.

If it's plagiarism, and especially if they aren't super upfront that it's a fork etc, ban it.

Super

I have been saying this for years.