Opinion Politically Correct Madness

[Eagleboy2011]

Where's Greta?

 

[Eagleboy2011]

Another reason to hate people who back into a car parking space.

 

[Crow till I die]

Its actually not far off the truth

 

[Crow till I die]

 

[Crow till I die]

If I had to describe this vile piece of shit masquerading as a leader, it most certainly would not be politically correct

 

[Eagleboy2011]

Even Kirky's cat is grinning.

 

[Crow till I die]

Even Kirky's cat is grinning.

Carl Benjamin said it best about Starmer. He is the Starminator...

"He can't be bargained with. He can't be reasoned with. He doesn't feel pity, or remorse, or fear. And he absolutely will not stop, ever regardless how many of his MP's he needs to throw under a bus"

 

[Crow till I die]

Lying used to be frowned on...it was not politically correct.

They lied about changes to super and got away with it. Now they lied about changes to CGT and negative gearing and will no doubt get away with it..so why stop there, go for gold and f*ck every single kind of person trying to get ahead

 

[Crow till I die]

Even Kirky's cat is grinning.

He makes all the right decisions in the best interest of his nation....so what if he cut heads off, not as bad as hurty words, he is no risk to the women and children of the UK.

 

[Crow till I die]

Lying used to be frowned on...it was not politically correct.

They lied about changes to super and got away with it. Now they lied about changes to CGT and negative gearing and will no doubt get away with it..so why stop there, go for gold and f*ck every single kind of person trying to get ahead

 

[kirky]

If I had to describe this vile piece of shit masquerading as a leader, it most certainly would not be politically correct

And everyone elses properties purchased before last night are grandfathered as well.

Typical post which doesn’t say the actual truth.

It was about time both negative gearing and capital gains were dealt with. It had created the highest housing prices in the world.

If it upsets you, so much the better.

PS : if you have more than $3m in super, you are hardly doing it tough.

 

[Crow till I die]

And everyone elses properties purchased before last night are grandfathered as well.

Typical post which doesn’t say the actual truth.

It was about time both negative gearing and capital gains were dealt with. It had created the highest housing prices in the world.

If it upsets you, so much the better.

PS : if you have more than $3m in super, you are hardly doing it tough.

LOl - ever heard of the law of unintended consequences? - you are about to.

When rents go through the roof even more than they already are, how is that going to help young people. Mum and dad investors lose the Negative gearing on their nest egg investment property and are tens of thousands of dollars out of pocket - what will they do, put up the rent to cover it. Less properties will be sold as people will hold not wanting to pay the full wack CGT. Negative gearing is on a 1 year grandfather then its gone.

But its the brainless out there (nod nod wink wink at you) that can sit back and watch a government categorically state they won't touch CGT or Negative gearing leading into the election and then get elected and then change it. You know what dropping changes like this on the nation do when people had not factored them in? it smashes confidence in investing as the people will say what else have they lied to us about that they will look to change - super being one of them.

If you think smashing the property market by reducing housing supply, increasing house prices and forcing up rents is going to help the youth.... And your people are still ramming us with massive immigration numbers from the 3rd world - they have to live somewhere don't they. You want to give more money to the youth and help them get on the property ladder - you don't remove CGT concessions, you offer them to 1st home buyers under 35 years of age on their own home so they can claim the mortage interest back against their taxable income so they can afford a house. Maybe index the tax brackets upwards to put more money in the hands of the lower income - not tax the absolute shit out of anyone trying to get ahead.

Then factor in that it also s a CGT tax slug across all sectors - Businesses, commercial property, stocks and shares and crypto. When you make it so unattractive via taxation to set up businesses or invest, you drive those with money overseas and reduce the tax base.

Still, Keating learned the hard way - your rabble of a government are going to learn it too.

If One Nation or the Coalition want to romp the next election, they will commit to reversing course on all of this economic lunacy

 

[kirky]

LOl - ever heard of the law of unintended consequences? - you are about to.

When rents go through the roof even more than they already are, how is that going to help young people. Mum and dad investors lose the Negative gearing on their nest egg investment property and are tens of thousands of dollars out of pocket - what will they do, put up the rent to cover it. Less properties will be sold as people will hold not wanting to pay the full wack CGT. Negative gearing is on a 1 year grandfather then its gone.

But its the brainless out there (nod nod wink wink at you) that can sit back and watch a government categorically state they won't touch CGT or Negative gearing leading into the election and then get elected and then change it. You know what dropping changes like this on the nation do when people had not factored them in? it smashes confidence in investing as the people will say what else have they lied to us about that they will look to change - super being one of them.

If you think smashing the property market by reducing housing supply, increasing house prices and forcing up rents is going to help the youth.... And your people are still ramming us with massive immigration numbers from the 3rd world - they have to live somewhere don't they. You want to give more money to the youth and help them get on the property ladder - you don't remove CGT concessions, you offer them to 1st home buyers under 35 years of age on their own home so they can claim the mortage interest back against their taxable income so they can afford a house. Maybe index the tax brackets upwards to put more money in the hands of the lower income - not tax the absolute shit out of anyone trying to get ahead.

Then factor in that it also s a CGT tax slug across all sectors - Businesses, commercial property, stocks and shares and crypto. When you make it so unattractive via taxation to set up businesses or invest, you drive those with money overseas and reduce the tax base.

Still, Keating learned the hard way - your rabble of a government are going to learn it too.

If One Nation or the Coalition want to romp the next election, they will commit to reversing course on all of this economic lunacy

Neither One Nation or Coalition are romping in the next election. Funny stuff!

GST on crypto?

Housing prices have gone thru the roof the last 25 years due to negative gearing and CGT concessions. JFC!

 

[Crow till I die]

Neither One Nation or Coalition are romping in the next election. Funny stuff!

Bet you never thought Reform UK would be romping elections in 3 years after they were created either? When people have had enough of being lied to and watching their way of life get obliterated, they start to focus and vote accordingly

 

[kirky]

Bet you never thought Reform UK would be romping elections in 3 years after they were created either? When people have had enough of being lied to and watching their way of life get obliterated, they start to focus and vote accordingly

Lets see what evolves here but there is two massive differences compared to UK.

We don’t have FPTP and we have compulsory voting thankfully. A true democracy we have.

 

[Crow till I die]

 

[Crow till I die]

When you lie as bad as labor did, nothing they say will be believed anymore

 

[Crow till I die]

When you lie as bad as labor did, nothing they say will be believed anymore

At least the libs are prepared to completely roll them back. Just need One Nation to commit to that and then hammer labor everywhere as open liars and a very viable path to election victory alone or in coalition is possible. Then these hideous regressive taxes will end up being very short lived

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[arrowman]

He makes all the right decisions in the best interest of his nation....so what if he cut heads off, not as bad as hurty words, he is no risk to the women and children of the UK.

Um, the beheading bloke has not been allowed into the UK. He's dead.

 

[kirky]

At least the libs are prepared to completely roll them back. Just need One Nation to commit to that and then hammer labor everywhere as open liars and a very viable path to election victory alone or in coalition is possible. Then these hideous regressive taxes will end up being very short lived

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Simple question - do you own investment properties?

You think telling the voting public the ALP lied is going to work? All politicians lie. Get over it.

And it will stop the property market getting ridiculously out of reach of first home owners, not that you would have any experience with that.

 

[Crow till I die]

Simple question - do you own investment properties?

You think telling the voting public the ALP lied is going to work? All politicians lie. Get over it.

And it will stop the property market getting ridiculously out of reach of first home owners, not that you would have any experience with that.

How on earth will stamping on housing supply and forcing rents to skyrocket further make it easier for first home owners to get onto the property ladder?

 

[kirky]

How on earth will stamping on housing supply and forcing rents to skyrocket further make it easier for first home owners to get onto the property ladder?

You are showing your inability to think things thru.

Not surprising.

 

[Crow till I die]

You are showing your inability to think things thru.

Not surprising.

No. How can it be anything other. We already have a housing shortage and thats with existing CGT and negative gearing concessions. What on earth makes you think the housing supply will increase when you remove those concessions?.

And those with properties that will be effected after the 1 year grace period for removing negative gearing that stand to lose $1000's, you don't think they are going to pu rents up to cover it?

Then add in all the 3rd worlders this government will import every year...they have to live somewhere

 

[kirky]

No. How can it be anything other. We already have a housing shortage and thats with existing CGT and negative gearing concessions. What on earth makes you think the housing supply will increase when you remove those concessions?.

And those with properties that will be effected after the 1 year grace period for removing negative gearing that stand to lose $1000's, you don't think they are going to pu rents up to cover it?

Then add in all the 3rd worlders this government will import every year...they have to live somewhere

Negative gearing is grandfathered for all those that owned the investment property prior to the budget (May 12). It doesn’t change and is in place until they sell the property. If you purchased a property after May 12 you have until July 1, 2027. So the vast majority of investment properties current owned are untouched. If you have bought an investment property from today, you are fully aware of the change in policy, it is buyer beware.

You have a good understanding of actual budget policy. Not.

 

[Crow till I die]

Negative gearing is grandfathered for all those that owned the investment property prior to the budget (May 12). It doesn’t change and is in place until they sell the property. If you purchased a property after May 12 you have until July 1, 2027. So the vast majority of investment properties current owned are untouched. If you have bought an investment property from today, you are fully aware of the change in policy, it is buyer beware.

You have a good understanding of actual budget policy. Not.

So following on, any property other than a new build attracts no negative gearing concession as of budget night. So what do you think will happen to rent prices kniwing this when mums and dads buy an investment property as a nest egg?. You can dress it up any way you like but the cold hard reality is going to be rents go up, housing supply drops because people won't sell toavoid the full wack CGT and see if future governments will reverse course.

So explain to us all how this will INCREASE housing supply to help first home buyers?

I'll post this again and i suggest you watch