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#capitalgainstax

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Global News Canada<p>Capital gains tax changes will not move forward, Carney confirms<br>The Prime Minister's Office says a plan to hike the inclusion rate on capital gains, first pitched in the federal budget last year, will not move forward.<br><a href="https://mastodon.hongkongers.net/tags/taxes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxes</span></a> <a href="https://mastodon.hongkongers.net/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a> <a href="https://mastodon.hongkongers.net/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mastodon.hongkongers.net/tags/Canada" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Canada</span></a> <a href="https://mastodon.hongkongers.net/tags/Money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Money</span></a> <a href="https://mastodon.hongkongers.net/tags/Capitalgainstax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Capitalgainstax</span></a><br><a href="https://globalnews.ca/news/11092681/capital-gains-tax-changes-scrapped-carney/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">globalnews.ca/news/11092681/ca</span><span class="invisible">pital-gains-tax-changes-scrapped-carney/</span></a></p>
Global News Politics<p>Capital gains tax changes will not move forward, Carney confirms<br>The Prime Minister's Office says a plan to hike the inclusion rate on capital gains, first pitched in the federal budget last year, will not move forward.<br><a href="https://mastodon.hongkongers.net/tags/taxes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxes</span></a> <a href="https://mastodon.hongkongers.net/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a> <a href="https://mastodon.hongkongers.net/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mastodon.hongkongers.net/tags/Canada" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Canada</span></a> <a href="https://mastodon.hongkongers.net/tags/Money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Money</span></a> <a href="https://mastodon.hongkongers.net/tags/Capitalgainstax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Capitalgainstax</span></a><br><a href="https://globalnews.ca/news/11092681/capital-gains-tax-changes-scrapped-carney/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">globalnews.ca/news/11092681/ca</span><span class="invisible">pital-gains-tax-changes-scrapped-carney/</span></a></p>
Global News<p>Capital gains tax changes will not move forward, Carney confirms<br>The Prime Minister's Office says a plan to hike the inclusion rate on capital gains, first pitched in the federal budget last year, will not move forward.<br><a href="https://mastodon.hongkongers.net/tags/taxes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxes</span></a> <a href="https://mastodon.hongkongers.net/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a> <a href="https://mastodon.hongkongers.net/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mastodon.hongkongers.net/tags/Canada" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Canada</span></a> <a href="https://mastodon.hongkongers.net/tags/Money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Money</span></a> <a href="https://mastodon.hongkongers.net/tags/Capitalgainstax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Capitalgainstax</span></a><br><a href="https://globalnews.ca/news/11092681/capital-gains-tax-changes-scrapped-carney/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">globalnews.ca/news/11092681/ca</span><span class="invisible">pital-gains-tax-changes-scrapped-carney/</span></a></p>
DrD<p>New Zealand is an oddity.<br>The only OECD member not to have a broad-based Capital Gains Tax. The country desperately needs an injection of additional recurring tax revenue to fund critical infrastructure - and modelling confirms that a CGT is the optimal tax vehicle to generate ongoing significant revenue. Opposition historically to a CGT has had an almost religious fervour about it - but cometh the eventual political realisation, cometh the tax. <a href="https://mastodon.nz/tags/NZpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NZpol</span></a> <a href="https://mastodon.nz/tags/CapitalGainsTax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CapitalGainsTax</span></a></p>
Yonhap Infomax News<p>National Tax Service launches investigation into 156 individuals suspected of real estate tax evasion through sophisticated methods, including fake sales and use of shell companies<br><a href="https://mastodon.social/tags/YonhapInfomax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>YonhapInfomax</span></a> <a href="https://mastodon.social/tags/RealEstateTaxEvasion" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RealEstateTaxEvasion</span></a> <a href="https://mastodon.social/tags/NationalTaxService" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NationalTaxService</span></a> <a href="https://mastodon.social/tags/TaxInvestigation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TaxInvestigation</span></a> <a href="https://mastodon.social/tags/CapitalGainsTax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CapitalGainsTax</span></a> <a href="https://mastodon.social/tags/DownContractTransactions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DownContractTransactions</span></a> <a href="https://mastodon.social/tags/Economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics</span></a> <a href="https://mastodon.social/tags/FinancialMarkets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FinancialMarkets</span></a> <a href="https://mastodon.social/tags/Banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Banking</span></a> <a href="https://mastodon.social/tags/Securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Securities</span></a> <a href="https://mastodon.social/tags/Bonds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bonds</span></a> <a href="https://mastodon.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>StockMarket</span></a> <br><a href="https://en.infomaxai.com/news/articleView.html?idxno=51055" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">en.infomaxai.com/news/articleV</span><span class="invisible">iew.html?idxno=51055</span></a></p>
Global News Politics<p>Freeland plans to scrap capital gains tax changes if she becomes PM: source<br>The move, which a source said was needed to counter U.S. President Donald Trump's tax policies, mark a major reversal for Freeland, who introduced the proposed changes last year.<br><a href="https://mastodon.hongkongers.net/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a> <a href="https://mastodon.hongkongers.net/tags/tax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tax</span></a> <a href="https://mastodon.hongkongers.net/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mastodon.hongkongers.net/tags/Canada" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Canada</span></a> <a href="https://mastodon.hongkongers.net/tags/capitalgains" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>capitalgains</span></a> <a href="https://mastodon.hongkongers.net/tags/Capitalgainstax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Capitalgainstax</span></a><br><a href="https://globalnews.ca/news/10972946/freeland-capital-gains-tax-liberal-leadership/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">globalnews.ca/news/10972946/fr</span><span class="invisible">eeland-capital-gains-tax-liberal-leadership/</span></a></p>
Lifestyle | The Guardian US<p>For richer or poorer? BrewDog co-founder may delay marriage to max-out tax relief <a href="https://www.theguardian.com/business/2024/dec/17/for-richer-or-poorer-brewdog-co-founder-may-delay-marriage-to-max-out-tax-relief" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/business/2024/</span><span class="invisible">dec/17/for-richer-or-poorer-brewdog-co-founder-may-delay-marriage-to-max-out-tax-relief</span></a> <a href="https://halo.nu/tags/I" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>I</span></a>'maCelebrity... <a href="https://halo.nu/tags/Capitalgainstax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Capitalgainstax</span></a> <a href="https://halo.nu/tags/Taxandspending" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Taxandspending</span></a> <a href="https://halo.nu/tags/Lifeandstyle" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Lifeandstyle</span></a> <a href="https://halo.nu/tags/RachelReeves" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RachelReeves</span></a> <a href="https://halo.nu/tags/RealityTV" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RealityTV</span></a> <a href="https://halo.nu/tags/Investing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Investing</span></a> <a href="https://halo.nu/tags/Business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Business</span></a> <a href="https://halo.nu/tags/Politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Politics</span></a> <a href="https://halo.nu/tags/Scotland" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Scotland</span></a> <a href="https://halo.nu/tags/Marriage" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Marriage</span></a> <a href="https://halo.nu/tags/BrewDog" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BrewDog</span></a> <a href="https://halo.nu/tags/Culture" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Culture</span></a> <a href="https://halo.nu/tags/UKnews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UKnews</span></a> <a href="https://halo.nu/tags/Money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Money</span></a> <a href="https://halo.nu/tags/HMRC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HMRC</span></a> <a href="https://halo.nu/tags/Tax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tax</span></a></p>
Crypto News<p>Ukraine set to legalize crypto by 2025 under strict regulations - Ukraine plans to legalize cryptocurrencies by early 2025, applying stand... - <a href="https://cointelegraph.com/news/ukraine-crypto-legalization-2025-no-tax-breaks" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">cointelegraph.com/news/ukraine</span><span class="invisible">-crypto-legalization-2025-no-tax-breaks</span></a> <a href="https://schleuss.online/tags/nationalbankofukraine" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>nationalbankofukraine</span></a> <a href="https://schleuss.online/tags/cryptolegalization" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptolegalization</span></a> <a href="https://schleuss.online/tags/cryptoregulation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptoregulation</span></a> <a href="https://schleuss.online/tags/capitalgainstax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>capitalgainstax</span></a> <a href="https://schleuss.online/tags/digitalassets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>digitalassets</span></a> <a href="https://schleuss.online/tags/taxpolicy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxpolicy</span></a> <a href="https://schleuss.online/tags/ukraine" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ukraine</span></a> <a href="https://schleuss.online/tags/imf" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>imf</span></a></p>
Technology | The Guardian US<p>Hike in capital gains tax will spark tech exodus from UK, investor says <a href="https://www.theguardian.com/business/2024/oct/17/capital-gains-tax-tech-entrepreneurs-exodus-uk-investor" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/business/2024/</span><span class="invisible">oct/17/capital-gains-tax-tech-entrepreneurs-exodus-uk-investor</span></a> <a href="https://halo.nu/tags/Technologystartups" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Technologystartups</span></a> <a href="https://halo.nu/tags/Technologysector" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Technologysector</span></a> <a href="https://halo.nu/tags/Autumnbudget2024" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Autumnbudget2024</span></a> <a href="https://halo.nu/tags/Capitalgainstax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Capitalgainstax</span></a> <a href="https://halo.nu/tags/Entrepreneurs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Entrepreneurs</span></a> <a href="https://halo.nu/tags/RachelReeves" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RachelReeves</span></a> <a href="https://halo.nu/tags/Technology" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Technology</span></a> <a href="https://halo.nu/tags/Business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Business</span></a> <a href="https://halo.nu/tags/Tax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tax</span></a></p>
SubtleBlade ⚔️<p>Millionaire business owners urge <a href="https://mastodon.scot/tags/RachelReeves" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RachelReeves</span></a> to raise £14bn from rise in <a href="https://mastodon.scot/tags/CapitalGainsTax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CapitalGainsTax</span></a></p><p>Group of wealthy investors argue it would have no impact on investment in the <a href="https://mastodon.scot/tags/UK" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UK</span></a> and would raise vital funds for <a href="https://mastodon.scot/tags/PublicServices" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PublicServices</span></a><br> <a href="https://www.theguardian.com/uk-news/2024/oct/17/millionaire-business-owners-urge-rachel-reeves-to-raise-14bn-from-rise-in-capital-gains-tax" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/uk-news/2024/o</span><span class="invisible">ct/17/millionaire-business-owners-urge-rachel-reeves-to-raise-14bn-from-rise-in-capital-gains-tax</span></a></p>
Crypto News<p>Italy to increase capital gains tax on Bitcoin from 26% to 42% - In addition to raising the withholding tax on Bitcoin capital gains to 4... - <a href="https://cointelegraph.com/news/italy-bitcoin-increase-capital-gains-tax-26-to-42" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">cointelegraph.com/news/italy-b</span><span class="invisible">itcoin-increase-capital-gains-tax-26-to-42</span></a> <a href="https://schleuss.online/tags/ministermaurizioleo" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ministermaurizioleo</span></a> <a href="https://schleuss.online/tags/capitalgainstax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>capitalgainstax</span></a> <a href="https://schleuss.online/tags/withholdingtax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>withholdingtax</span></a> <a href="https://schleuss.online/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptocurrency</span></a> <a href="https://schleuss.online/tags/government" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>government</span></a> <a href="https://schleuss.online/tags/taxation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxation</span></a> <a href="https://schleuss.online/tags/bitcoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bitcoin</span></a> <a href="https://schleuss.online/tags/budget" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>budget</span></a> <a href="https://schleuss.online/tags/policy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>policy</span></a> <a href="https://schleuss.online/tags/italy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>italy</span></a> <a href="https://schleuss.online/tags/taxes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxes</span></a></p>
Peter Riley<p><span class="h-card" translate="no"><a href="https://aus.social/@RAHU" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>RAHU</span></a></span> </p><p>Brizvegas Olympic House Price “Boom”?<br><a href="https://www.abc.net.au/news/2024-10-15/q-shelter-brisbane-olympics-housing-affordability-report/104469630" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">abc.net.au/news/2024-10-15/q-s</span><span class="invisible">helter-brisbane-olympics-housing-affordability-report/104469630</span></a></p><p>Prime - minion - Property <a href="https://www.abc.net.au/news/2024-10-15/anthony-albanese-buys-central-coast-property/104472726" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">abc.net.au/news/2024-10-15/ant</span><span class="invisible">hony-albanese-buys-central-coast-property/104472726</span></a></p><p>‘Easier to buy your 10th house than your first’: Unions NSW joins push to reform <a href="https://mastodon.social/tags/negativegearing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>negativegearing</span></a> and <a href="https://mastodon.social/tags/capitalgainstax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>capitalgainstax</span></a><br><a href="https://www.theguardian.com/australia-news/2024/oct/15/negative-gearing-proposal-albanese-government-unions-nsw" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/australia-news</span><span class="invisible">/2024/oct/15/negative-gearing-proposal-albanese-government-unions-nsw</span></a></p><p>Rent Hikes - yikes !<br><a href="https://www.theguardian.com/australia-news/2024/oct/13/more-australians-being-priced-out-of-homes-by-big-rent-hikes-advocates-fear" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/australia-news</span><span class="invisible">/2024/oct/13/more-australians-being-priced-out-of-homes-by-big-rent-hikes-advocates-fear</span></a></p><p>Investors in 20+ houses number ? <br><a href="https://www.abc.net.au/news/2024-10-17/landlords-property-investors-australia-renters-market-housing/104421798" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">abc.net.au/news/2024-10-17/lan</span><span class="invisible">dlords-property-investors-australia-renters-market-housing/104421798</span></a></p><p><a href="https://mastodon.social/tags/housingCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>housingCrisis</span></a> <a href="https://mastodon.social/tags/landlords" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>landlords</span></a> <a href="https://mastodon.social/tags/rent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>rent</span></a><br><a href="https://mastodon.social/tags/labormovement" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>labormovement</span></a> <a href="https://mastodon.social/tags/unions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>unions</span></a></p>
Lats (314 ppm)<p><span class="h-card" translate="no"><a href="https://aus.social/@CaringKinderSociety" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>CaringKinderSociety</span></a></span> the capital gains tax discount is the main game. Negative gearing is about paying for the property until it’s sold and the capital gains windfall happens.<br><a href="https://aus.social/tags/negativegearing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>negativegearing</span></a> <a href="https://aus.social/tags/capitalgainstax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>capitalgainstax</span></a></p>
Mojo ♻️<p>Negative gearing, capital gains reforms unlikely to lead to major fall in property prices…. The journalist missed a critical point in this article. While the focus has been placed on potential rent increases and minimal impact on property prices, what isn’t being highlighted is the fact that we, as taxpayers, are already subsidising wealthy multiple property owners to the tune of $7 billion a year. It’s absurd that ordinary Australians are footing the bill for those who already hold significant wealth in real estate. If we’re serious about housing affordability and fairness, it’s time we stop propping up the property portfolios of the rich at the expense of the rest of us. <a href="https://aus.social/tags/auspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>auspol</span></a> <a href="https://aus.social/tags/negativegearing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>negativegearing</span></a> <a href="https://aus.social/tags/housingcrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>housingcrisis</span></a> <a href="https://aus.social/tags/capitalgainstax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>capitalgainstax</span></a> <a href="https://www.abc.net.au/news/2024-10-01/house-prices-rise-investors-negative-gearing-cgt-tax-policy/104414756" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">abc.net.au/news/2024-10-01/hou</span><span class="invisible">se-prices-rise-investors-negative-gearing-cgt-tax-policy/104414756</span></a></p>
Strypey<p>"ANZ chief executive Antonia Watson, says 'the time has arrived for a capital gains tax'.</p><p>Watson qualified her comments with a warning about the compliance costs of introducing such a tax, and she made it clear she was opposed to any tax on unrealised gains. But her intervention adds another voice in a now growing chorus of influential New Zealanders calling for a capital gains or wealth tax."</p><p><a href="https://www.rnz.co.nz/news/in-depth/528917/time-has-arrived-for-a-capital-gains-tax-says-anz-boss-antonia-watson" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">rnz.co.nz/news/in-depth/528917</span><span class="invisible">/time-has-arrived-for-a-capital-gains-tax-says-anz-boss-antonia-watson</span></a></p><p><a href="https://mastodon.nzoss.nz/tags/NZPolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NZPolitics</span></a> <a href="https://mastodon.nzoss.nz/tags/tax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tax</span></a> <a href="https://mastodon.nzoss.nz/tags/CapitalGainsTax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CapitalGainsTax</span></a></p>
Dave J<p>Worth a click for Matilda Boseley’s explanatory video on <a href="https://dice.camp/tags/NegativeGearing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NegativeGearing</span></a> and <a href="https://dice.camp/tags/CapitalGainsTax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CapitalGainsTax</span></a> alone.</p><p>‘Stop doing dumb stuff,’ economist warns as <a href="https://dice.camp/tags/housing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>housing</span></a> <a href="https://dice.camp/tags/affordability" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>affordability</span></a> in <a href="https://dice.camp/tags/Australia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Australia</span></a> slips <a href="https://www.theguardian.com/australia-news/2024/sep/21/housing-affordability-proptrack-report-first-home-buyers-renters-mortgage-holders" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/australia-news</span><span class="invisible">/2024/sep/21/housing-affordability-proptrack-report-first-home-buyers-renters-mortgage-holders</span></a> <a href="https://dice.camp/tags/auspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>auspol</span></a> <a href="https://dice.camp/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://dice.camp/tags/tax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tax</span></a> <a href="https://dice.camp/tags/CGT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CGT</span></a> <a href="https://dice.camp/tags/investment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>investment</span></a></p>
EndemicEarthling<p>Real estate agents are rarely considered the victim. But when it comes to the behemoths of property listings in Australia, estate agents have faced price gouging to the tune of a 5000% price rise over the last 15 years for a 'premium' listing on the market-dominant platform. Without paying for that 'premium' service, properties tend to disappear from search results.</p><p>Since the behemoth in question is a subsidiary of (and substantially bankrolling) Australia's dominant media company (i.e. <a href="https://todon.eu/tags/Murdoch" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Murdoch</span></a>), with a market capitalisation greater than supermarket giant <a href="https://todon.eu/tags/Coles" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Coles</span></a>, here is yet another reason the political duopoly are reluctant to touch structural <a href="https://todon.eu/tags/TaxJustice" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TaxJustice</span></a> issues such as <a href="https://todon.eu/tags/NegativeGearing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NegativeGearing</span></a> or <a href="https://todon.eu/tags/CapitalGainsTax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CapitalGainsTax</span></a>.</p><p><a href="https://todon.eu/tags/RealEstate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RealEstate</span></a> <a href="https://todon.eu/tags/WealthInequality" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>WealthInequality</span></a> <a href="https://todon.eu/tags/Auspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Auspol</span></a> <a href="https://todon.eu/tags/AusMedia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AusMedia</span></a> <a href="https://todon.eu/tags/PriceGouging" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PriceGouging</span></a> <a href="https://todon.eu/tags/HousingJustice" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HousingJustice</span></a> <a href="https://todon.eu/tags/HousingPolicy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HousingPolicy</span></a> <a href="https://todon.eu/tags/housing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>housing</span></a> <a href="https://todon.eu/tags/PropertyBubble" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PropertyBubble</span></a> <a href="https://todon.eu/tags/CostOfLiving" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CostOfLiving</span></a> <a href="https://todon.eu/tags/MurdochMedia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MurdochMedia</span></a> <a href="https://todon.eu/tags/MurdochPress" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MurdochPress</span></a> </p><p><a href="https://web.archive.org/web/20240000000000*/https://www.theguardian.com/australia-news/2024/sep/19/the-bear-at-the-door-estate-agents-say-they-fear-speaking-out-about-realestatecomau-price-gouging" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">web.archive.org/web/2024000000</span><span class="invisible">0000*/https://www.theguardian.com/australia-news/2024/sep/19/the-bear-at-the-door-estate-agents-say-they-fear-speaking-out-about-realestatecomau-price-gouging</span></a></p>
RaymondPierreL3<p>Another Greg Jericho article. This time on the cost off house ownership, the tax break oncapital gains and who benefits from it. Is thee a better way? A tentative yes.</p><p>“But the thing about that capital gains discount is that not only has it verifiably distorted the housing market by making negative gearing a very attractive proposition – the benefits overwhelmingly go to the richest.</p><p>This is because the very richest, unlike most of us, don’t get a lot of their money from salary or wages. People who have incomes over $1m make up only around 0.2% of all taxpayers, and they earn 1.3% of all salaries and wages earned, but 41% of all capital gains earned. And consider as well that those capital gains come with a 50% tax discount:”</p><p>Read more:</p><p><a href="https://www.theguardian.com/business/grogonomics/article/2024/sep/12/sydney-terrace-house-22m-listing-average-house-prices?CMP=Share_iOSApp_Other" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/business/grogo</span><span class="invisible">nomics/article/2024/sep/12/sydney-terrace-house-22m-listing-average-house-prices?CMP=Share_iOSApp_Other</span></a></p><p><a href="https://aus.social/tags/housing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>housing</span></a> <a href="https://aus.social/tags/CapitalGainsTax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CapitalGainsTax</span></a> <a href="https://aus.social/tags/HousingCrisisAustralia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HousingCrisisAustralia</span></a></p>
Victoria Stuart 🇨🇦 🏳️‍⚧️<p>/1</p><p>* hard for climate justice activists to get Harris to stick to her original 2019 anti-fracking stance<br>* recent debate w. Trump, days after scientists declared summer 2024 hottest on record, she promised, “I will not ban fracking<br>* for anti-genocide activists to win a commitment from Harris for an arms embargo against Israel in the face of mass ethnic cleansing of Palestinians in Gaza</p><p><a href="https://mastodon.social/tags/KamalaHarris" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>KamalaHarris</span></a> <a href="https://mastodon.social/tags/Democrats" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Democrats</span></a> <a href="https://mastodon.social/tags/Kamala" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Kamala</span></a> <a href="https://mastodon.social/tags/appeasement" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>appeasement</span></a> <a href="https://mastodon.social/tags/CapitalGainsTax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CapitalGainsTax</span></a> <a href="https://mastodon.social/tags/billionaires" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>billionaires</span></a> <a href="https://mastodon.social/tags/WealthTax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>WealthTax</span></a> <a href="https://mastodon.social/tags/TAXtheRich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TAXtheRich</span></a> <a href="https://mastodon.social/tags/Trump2" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump2</span></a></p>
Victoria Stuart 🇨🇦 🏳️‍⚧️<p>Harris Can’t Embrace Billionaires if She Wants to Win<br><a href="https://www.counterpunch.org/2024/09/16/harris-cant-embrace-billionaires-if-she-wants-to-win" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">counterpunch.org/2024/09/16/ha</span><span class="invisible">rris-cant-embrace-billionaires-if-she-wants-to-win</span></a></p><p>* vast majority of Americans believe that U.S. economy unfairly rigged to benefit the rich<br>* Vermont Senator Bernie Sanders has made accusations of a “rigged economy”<br>* Kamala Harris pivots on capital gains tax rate<br>...</p><p><a href="https://mastodon.social/tags/KamalaHarris" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>KamalaHarris</span></a> <a href="https://mastodon.social/tags/Democrats" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Democrats</span></a> <a href="https://mastodon.social/tags/Kamala" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Kamala</span></a> <a href="https://mastodon.social/tags/appeasement" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>appeasement</span></a> <a href="https://mastodon.social/tags/CapitalGainsTax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CapitalGainsTax</span></a> <a href="https://mastodon.social/tags/billionaires" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>billionaires</span></a> <a href="https://mastodon.social/tags/WealthTax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>WealthTax</span></a> <a href="https://mastodon.social/tags/TAXtheRich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TAXtheRich</span></a> <a href="https://mastodon.social/tags/Trump2" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump2</span></a> <a href="https://mastodon.social/tags/MAGA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MAGA</span></a> <a href="https://mastodon.social/tags/HeritageFoundation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HeritageFoundation</span></a> <a href="https://mastodon.social/tags/Project2025" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Project2025</span></a> <a href="https://mastodon.social/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ElonMusk</span></a> <a href="https://mastodon.social/tags/TimothyMellon" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TimothyMellon</span></a> <a href="https://mastodon.social/tags/EnablingFascism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EnablingFascism</span></a> <a href="https://mastodon.social/tags/GOP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GOP</span></a></p>
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