therefore Please
vote very carefully
as your vote could cost you dearly
now the funny part
this TAX grab will sting the dopy LABOR Voters also
(funny, yep LABOR are turning on the OWN VOTERS !.....) PM goes Biden-lite with unrealised capital gains tax
Of all the Biden policies that Albanese shares, the worst is unrealised capital gains tax.
So unpopular was it in the US that Democrats pleaded for Biden and Kamala Harris to drop it.
Example
Say you have $100,000 in Commonwealth Bank shares. This year the bank’s stock price has gone up 7.3 per cent.
If you don’t sell those shares then you have made an unrealised capital gain of $7300. Now pay $2190 of that or 30 per cent to the government.
Don’t have the cash? Bad luck. Sell something.”