indexhugger.bsky.social
Investor. Academic. Kayaker. Trekker. Born left, but pragmatic.
115 posts
117 followers
120 following
Regular Contributor
Active Commenter
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I am a huge fan of AI and will donate $100 if Greg unblocks me 😀
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She blocked me in 20 seconds when I suggested she was playing the man not the ball when she attacked centrist Republicans for suggesting Biden was past it a week before he withdrew.
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The hysteria is staggeringly. AFAIK anyone in an industry fund is automatically paying CGT on unrealised gains Every. Single. Month. This is new (and fair) for cashed up SMSFs who don't even pay as much tax as the rest of us on balances below $3m. FFS.
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This is great. Loved your bio 🤣. Surprised you weren't blocked by VB.
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Full of wist. Tell her we do.
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No
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Actually just limit super to current limit ($2m I think) on switch to pension phase. All else is removed from tax favoured status all together. That is workable.
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It is just too broken. If I own shares that go from 300k to 600k one year and I pay 45k in tax, then the next year they drop to 300k and there is no way of claiming the 45k back. No other tax works like this. I am all for taxing high wealth but these examples will kill the idea.
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Look its a really bad policy idea .. so bad it will be chucked out. A few people have suggested a deeming rate (actually this is close to Elizabeth Warren's wealth tax idea).
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Thank you David. I am one of I am sure many who have grown up in admiration of the magnificent contributions of Jewish people to art, science and philosophy who are shocked at the vengeful hatred and cruelty being expressed by the dominant voices (including close friends) from that community.
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He is in opposite land.
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Where is the investing/finance chat on Bluesky? Thanks for the heads on Alan being here.
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The market should not be a plaything. Brilliant opportunity for some insider trading. Lucky DT has a strong moral compass and a record of integrity. 😭😱
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We killed the flame
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This is correct Wendy. I would have said $100, but have not loved in the US for 25 years
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Looks like Alan Jones to me.
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Scott Morrison created the Teal wave in small L liberal seats and Dutton is reinforcing it. Donations sent.
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Thanks. Awful when they reveal that they are as bad as the worst you can imagine.
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The parties should pay half the flight/accommodation costs if a fund raiser is tagged on to a "legit" business trip.
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Great insights from your guest. I think it is shallow analysis to blithely dismiss the long term alignment strategy with the US. Clearly it is on the rocks (in the bin), and needs to be more independent overall.
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This seems to be hyperbole.. my interpretation matches that of the media. There is so much wrong with what he is doing that applying hyperfocus to Trump's loose language seems a distraction.
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A viable company could secure a loan right?
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I know, it's tricky, but hard questions will have to be tackled to step back from intergenerational inequality. Taxing labour more than weath, and way way more than significantly tax preferenced super is going to lead to ugly politics.
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And so begins the caveats that make up the X thousand pages of our tax law. Next you will be saying the $10 million house that granny lives in should not be counted in the pension assessment and continue to attract 0% CGT as the family home😀
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But if it makes more money why is the additional money taxed less than income (noting that cost base adjustment based on inflation is of course reasonable).
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As far as I can see assets can be passed to the next generation without even a CGT being paid. The CGT liability is passed on but can be put off to the never never. At least this should be paid when an asset is passed on surely.
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At its core the principle of a CGT discount prioritises income from assets over that from income.
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Interesting point about brand protection. I think that leaders of some of our cultural institutions that are involved in the cancellations find it far easier to shut down the issue as they don't have the time/skills/intellect/stomach to handle the shit show that will come thier way.
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Thanks. Useful episode. Great to see the interview with Sarah. I think she is very brave.
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I read the Australian for the first time in year a few weeks. Apart from a story/not-story about lost songs of Jim Morrison found in Tas, I think every single article was infused with rw opinions or had an anti-Labor bent. Every single one.
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I cast an eye as I ride past every day (and also reflect on what a gorgeous ride it is).
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Ha ha. Labor will be letting out a collective sigh of relief. Taming inflation, passing peak interest rates and making the state 3 tax cuts fairer is not a bad story.
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So sympathetic to the existing historical buildings 🤯😱🤦♂️
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Social media is all about the outrage,hot-take and firm positions rather than talking around an issue to understand the ins and outs.
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I am trying to understand your point of view not attacking. Thank you for your engagement with this discussion .