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blueballs

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23/04/24

08:36

Post #: 73468121
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Originally posted by acwmr ↑

That's not so. Howard "simplified" the system which discounted for CPI change, with a system that performs a straightline approximation of what is inherently an exponential phenomenon.

Taxing exponential increases in prices due to inflation is theft.

inflation is currency debasement. Governments cause most of it via excessive deficit spending on non-productive causes like welfare, health, NDIS, woke cultural and social causes.

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A coincidence that prices took off pretty much exactly at same time as tax changes were made to cgt?

Last edited by blueballs: 23/04/24
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