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OT: Current Affairs and Politics

JokerEel

Coach
Messages
16,369
Unrealised gains in SMFS's containing assets of $3m or greater, which impacts 0.5% of SMSFs.

They are targeting those cheeky merkins who have $50-750m in their little mum n dad super fund, where they slid it in paying only 15%. So anything about $3m will be taxed at - the company tax rate - or 30%.

You might whinge about all this but it is just closing a loophole that has been taken advantage of.

Boo hoo pay tax.

Yeah let's ignore the real problem from the video...
 

Gronk

Moderator
Staff member
Messages
79,440
Yeah let's ignore the real problem from the video...
I didn't ignore it. I have been banging on about how we give away our mineral rights to the miners and they pay zero tax.

The evil Julia Gillard introduced a Mining Tax (super profits) called the MMRT and old mate Tony Abbott got rid of the "toxic tax" for his mates. right after the 2013 election.
 

Gary Gutful

Post Whore
Messages
53,643
Net zero means a lot of environmental impact and will require strength in the face of NIMBY.

It’s easy to espouse but will prove difficult to deliver.
 
Messages
13,480
Knobend Andrew Tate and his knobend brother now charged with rape etc in the UK.

They have to finish their similar charges in Romania one way or another, before they can be extradited to face the UK charges.

 

Gronk

Moderator
Staff member
Messages
79,440
So the antivax Kennedy guy released a report based largely on bullshit, which builds a framework about health for children moving forward.

What everyone feared was going to happen - is happening.



 

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