Australia's largest stock trading and investment forum Australia's #1 stock forum

The best country in the world, page-114

First 114 Last

Share
Profile

Follow
jetrodder

6,656 Posts.

54

12/04/20

11:49

Post #: 44006136
Share

Originally posted by pierogi: ↑

@pugsley100
@albalad

The real problem isn't about remuneration of skilled and unskilled workers, it is the over remuneration of capital relative to toil. Not only do the returns on financial capital in real estate and stocks outpace the returns on real work, but they are also given biased tax treatment through such things as negative gearing, 50% CGT discounting and myriad other accounting tricks.

It distorts economic activity and under rewards the workers relative to lazy capital which puts us on a grinding downward path to diminishing returns because as we all know, what we reward is where the effort goes.

Expand

you forget that those who risk capital have bankruptcy if they fail. The worker will be disrupted in such a case but will in time find another job.
Upvote

Reply

Top Stories

'Set and forget' vs. DIY super: Which strategy wins?

HotCopper Highlights: Stakk's out-of-nowhere Robinhood deal; ADNOC dumps Santos after first date & more

HotList Stocks: GoldArc, Auravelle, and other trending Week 38 companies

NVQ

Market shows partial interest in Noviqtech as company flags launch of 'quantum' chatbot

Listen: HotCopper Wire Podcast 025 – Locksley rap video gives Hilltop Hoods run for money

First 114 Last