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They’ll hit the “so-called” rich ($190K+) with a CGT plus get...

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John25

10,400 Posts.

385

28/01/24

19:03

Post #: 72098659
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Originally posted by bacci: ↑

I think it inevitable that the ALP will introduce death taxes.
They have almost reached the practical limit on income tax and taxing super. They will increase the GST but it won't be enough.

The NDIS is an insatiable monster with 10% of boys getting huge payments for autism. A huge public service. High iron ore prices are temporary, Africa and South America will open mines too.

While I would prefer the government to radically reduce spending like Argentina I don't conceptually object to death taxes. The lucky being born rich doesn't sit well with me.

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They’ll hit the “so-called” rich ($190K+) with a CGT plus get their grubby paws into Franking Credits as well
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