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#capitalgains

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ADDITION TO ARTICLE - DEFENDING CAPITAL GAINS, CARRIED INTEREST AND PRIVATE EQUITY:

I made a small addition to the main article, posted earlier including a link to my May 2023 piece, "In Defense of Private Equity". It is PDF #1 in the link below:

mokhus.com/umbi.html

Main article:

techhub.social/@Munir/11402968

#tax #taxes #privateequity #wallstreet #capitalgains #carriedinterest #investments #real-estate #realestate #HedgeFunds #funds #doj #economics #markets #democrats #Republicans #congress

Top tech leaders in Canada have also caught the brain worms and have "a project" in the works to support Pierre Poilievre in the coming federal election - "Canada's tech broligarchs have a GROUP CHAT?" youtube.com/watch?v=9SUZLC0QoIs Here's the article being cited with lots of other details like how Freeland has already bent the knee - "Inside Canadian tech’s not-so-quiet shift to the right" thelogic.co/news/the-big-read/ #CDNPoli #Corporatism #Fascism #Shopify #Electioneering #Election #CapitalGains

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@anon_opin not to mention:

People who "make a living" off "#ConditionlessIncome" aka. #RoboWealth with #CapitalGains, #Dividents, #InterestRates and #Rent should also be subject to the same #SocialSecurity and #Healthcare #Premiums and #Insurance terms as if they were #WageWorkers with the same #income.

  • After all, even a #Billionaire or #Investor can become #unemployed by virtue of loosing #wealth and/or unable to work by virtue of an accident, and it's safe to assume they could even become in need of permanent care.

So it seems fair to demand they also pay their "#FairShare", cuz if I as a #WageWorker can afford ~18% for #HealthInsurance and ~30% in terms of #IncomeTax, then they too can afford that!

I don’t always agree with #GetUp campaigns, but in this instance there is a lot of evidence ( #Murdochmedia ) to support their assertions. In any case, #NegativeGearing and #CapitalGains are two inflationary policies which need to go. My fervent hope is for Labor to be reelected in 2025 to give them the confidence to drop the sheepish attitude and get on with truly progressive policies, include this one.

“As the year comes to a close, let’s not forget how the Murdoch empire is keeping housing unaffordable for everyday people. By protecting corporate greed and blocking bold housing reforms, they’re driving up prices and leaving families behind. But 2025 is our chance to fight back. #HousingJustice #PeopleOverProfit #FairHousingForAll #EndNegativeGearing #StopCorporateGreed

Join the fight for fairness and call out profiteering at the expense of everyday people: getup.org.au/peopleoverprofit
Ref: Competition minister ‘concerned’ Australians pay most in world to sell their homes online, The Guardian, 24 Sept 2024.”

NZ's laziest prime minister has just flicked on another investment property for another tax-free $300k profit.

Why is Luxon ditching investments? Could it be that he anticipates a wealth tax coming at the next election?

1news.co.nz/2024/12/04/pm-chri

Prime Minister Christopher Luxon (file image).
1NewsPM Christopher Luxon sells another investment propertyLuxon has sold several of his properties this year.