What are you serious? Do you even know what your saying?
I pay tax, i work hard for my money, and i get tax for it. No problem with that, even though the TAXs are a little high.
So here i am working hard for my money. Then i chose to spend my money on what ever i want. So this money i have earned. If i spend it on fuel its taxed..... on food its taxed.... so thats double taxation right? Your money is already been taxed now its being taxed again with GST. and fuel tax.
Now with the say 10grand i spent time saving, i decide to put it all into a company or multiple investment companies. Its my money but i get taxed on capital gains? I am the one gambling my money away. Though Shares is educated gambling things can still go bad. Do i get anything from a loss? no i get to declare a capital loss which is hardly anything compared to getting 30% taxed on your capital gains if you haven't had them for over 1 year. Which is utter bullshìt because I worked hard for cash that got taxed to be taxed again.
Do u get taxed for crown casino? when you win? NO you don't. And you dont get tax on tatslotto. Wheres the balance?
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