daniel_callahan@jlai.luBanned to AustraliaEnglish · edit-229 days agoThe super tax debate is divorced from reality – and more proof that Australia’s tax system is built for the richwww.theguardian.comexternal-linkmessage-square10linkfedilinkarrow-up123arrow-down12file-text
arrow-up121arrow-down1external-linkThe super tax debate is divorced from reality – and more proof that Australia’s tax system is built for the richwww.theguardian.comdaniel_callahan@jlai.luBanned to AustraliaEnglish · edit-229 days agomessage-square10linkfedilinkfile-text
minus-squareiktlinkfedilinkEnglisharrow-up1·26 days agoIf you want to tax capital gains over $3 million then do it, but taxing unrealised capital gains is taxing on gains that haven’t materialised, hence they are “unrealised” and I think that’s stupid, whether it be for $10 or $10 million
If you want to tax capital gains over $3 million then do it, but taxing unrealised capital gains is taxing on gains that haven’t materialised, hence they are “unrealised” and I think that’s stupid, whether it be for $10 or $10 million