Socialist propaganda, just more ways to rob RETAIL INVESTORS, the rule is first in , first out, if it's a winner we pay tax , if it's a loser we claim a tax loss against capital gains.
Investment is not for the faint of heart and investors that play with in the rules should be rewarded, God knows what a treacherous trail ASX LISTED companies has become.
May be the fool should call out the GLOBALIST CORPORATIONS, that pay little or no tax on profits because the parent company usauly registered in IRELAND or other financial sanctuaries, bills it's AUSTRALIAN listed companies for management and financial advice , shaffting AUSTRALIANS of hundreds of billions while the mother company pays 5 % or less in IRELAND.
AUSTRALIA ,the world's second largest gas exporter receives 2 billion in tax revenue from gas exports, QATAR , the worl no 1 gas exporter, rakes in nearly 70 billion in taxes. QATARS exports are not much greater than AUSTRALIA'S exports.
COMMUNISM FOR US CAPITALISM FOR CORPORATIONS, LOSSES ARE SOCIALIZED, PROFITS ARE PRIVATIZED , IN FAVOR OF THE OLIGARCUL GLOBALISTS.
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