Perfected the con, @DHughesy @AlboMP & @JEChalmers ’s 2026 Budget slugs investment at world-high rates, then sells it as fairness. It doesn’t hit “the rich”. It hits young Australians trying to get ahead. #JoinWARonCGT #StoptheCGT

This is the intergenerational report in one clip: @JEChalmers talks fairness while Charlotte cops the 50% tax on the capital she actually needs to get ahead. That’s not concern for the next generation. That’s economic vandalism with better lighting. #WarOnAspiration #JoinWARonCGT #StoptheCGT

Is this the definition of insanity. @JEChalmers wants an AI productivity miracle. @AlboMP and his new CGT taxes the investors, startups and shareholders who fund it. You don’t get an AI dividend by slugging investment at world-high tax rates. The IGR can’t paper over a tax designed to punish aspiration and ambition. Wake up Albo & Jim #JoinWARonCGT #StoptheCGT

Great on the ground feedback. @AlboMP is an economic vandal.

“850,000 families and businesses will pay $2.8 billion in advice alone to deal with @AlboMP ’s trust tax before restructuring costs says”@cpaaustralia . @JEChalmers isn’t closing a loophole. He’s slugging the family bakery, the farm, the tradie and the SME with a compliance bill they never asked for. This is a war on aspiration dressed up as “fairness.” Great reporting @mcranston1 theaustralian.com.au/nation/…

Intergenerational disaster delivered by @AlboMP . Young Australians saving for a house through shares will now take EIGHT years longer !!!!!!! Academics find @AustralianLabor ’s CGT changes tax 98% of real gains. This is not reform. It is economic vandalism that punishes aspiration and delays home ownership. The Treasurer and Treasury should read the modelling. Wake up! #JoinWARonCGT #StoptheCGT

When two serious tax economists call @AlboMP & @JEChalmers ’ CGT a pig’s breakfast, it isn’t politics. It’s a warning. The new CGT is a productivity tax. It slugs the businesses that grow fastest and the Australians who take the risk to build them. Tweaks don’t fix a bad design. Stop taxing aspiration and ambition. #JoinWARonCGT #StoptheCGT

Stephen, time to agree with my comments about your “delusion”? @AlboMP must stop his economic vandalism and reverse the new #CGT on all Australian businesses. nitter.cf/thekouk/status/2077516…

Compulsory reading for every Australian 👇Brilliant article Chris UhImann. So sad and true. We all need to act now. Call it Argentinisation unfortunately our economic decline is entirely self-inflicted. Like Argentina last century, we are squandering the prosperity built on resources, enterprise and ingenuity. The new CGT is economic vandalism. It punishes savers, founders and all investors who actually own this country. It must be reversed. #StoptheCGT #JoinWARonCGT theaustralian.com.au/inquire…

Do I now have a problem?

Do I have a problem? If I do please keep fighting to stop this illogical CGT. #JoinWARonCGT

Lied. Got elected. Smashed CGT. Now they want the internet shut down because Australians noticed. That’s not harmony. That’s economic vandalism. @DHughesy is right. #StopTheCGT #JoinWARonCGT

How incredibly stupid is @AlboMP ‘s new CGT for all the millions of Australians who own shares or crypto etc outside super. Who will pay for this loss of productivity? @AlboMP ? This failed new CGT will destroy productivity for all Australians investors. Read the @facebook post👇 Another unexpected impact! #StoptheCGT #JoinWARonCGT “Want to understand just how bloody ridiculous Australia's new CGT system becomes from 1 July 2027? Not just for shares either... crypto too. It's faaaaarked!!!!!!! 🤡 Say an ordinary Aussie builds up 8,240 BHP shares across 12 purchases plus 6 dividend reinvestment parcels, all bought at different prices, dates and brokerage costs. If those shares are held across 30 June 2027, the law can effectively reset their cost base around 1 July 2027 using market value, with the pre 2027 notional gain deferred until you eventually sell and potentially still eligible for the old 50% discount, while eligible post 2027 gains move into the new CPI indexation system. Now sell only 4,350 shares in 2032 and start the completely f*kd accounting process! First identify which acquisition parcels were actually disposed of, calculate their allocated sale proceeds and brokerage, calculate the deferred pre 2027 gain attributable to those parcels, THEN calculate the post 2027 indexed cost base separately for each relevant parcel where indexation applies... Indexed cost = eligible cost-base amount × CPI for the quarter you sell ÷ CPI for the quarter that particular cost was incurred. Except the third cost base element isn't indexed, different dividend reinvestment purchases and later eligible costs can have completely different CPI starting points and indexation itself generally requires the 12 month holding rule to be satisfied. THEN calculate each post 2027 capital gain, aggregate the parcels, apply current year capital losses in the legislated order, starting with deferred non-residential gains before moving through the other categories, repeat the sequencing AGAIN for carried forward losses, apply whatever remaining concessions actually qualify, add everything back together and THEN, if the minimum tax provisions apply to you, calculate your minimum tax capital gain after those CGT steps, multiply it by 30%, calculate your normal income tax WITH that gain, calculate your normal income tax AGAIN without that minimum tax capital gain, subtract one liability from the other, compare the result against the 30% calculation and potentially pay the difference. Congratulations... what used to be "sell shares, subtract cost base, apply losses and potentially halve an eligible long term gain" can now become 18 acquisition parcels + 18 different cost histories + a 30 June 2027 market valuation + deferred historical gains + post 2027 indexed cost bases + multiple CPI ratios + brokerage allocations + statutory loss sequencing + ordinary income-tax modelling + another 30% minimum-tax calculation. Seriously... WTF!!!! These aren't derivatives, offshore structures or some billionaire tax scheme... THEY'RE JUST SHARES!!! If an Aussie needs advanced accounting software and historical CPI tables just to work out the Government's cut of an investment bought with money they've already paid TAX on, maybe the problem isn't that CGT needs another "reform"... maybe CGT itself needs to GO!!! ZERO CGT FOR AUSTRALIAN CITIZENS. Reward people for investing, taking risks and building wealth instead of turning success into a f*kd mathematics exam so complex you're paying an accountant thousands just to figure out what the bloody Government says you owe!!!” facebook.com/share/p/1EUNbtR…

Great research Chris. You are right. Do the sums @JEChalmers before the scare campaign. A 32-year-old with a large mortgage and 35 years to retirement is often better off putting some of tomorrow’s super into the home they live in today than warehousing it until 2060. Existing balances stay locked. That’s not a raid. @AlboMP ‘s CGT ram-raid already added nearly 4 years to a first-home deposit while @AlboMP other legislation has pushed rents up while you wait. Then @JEChalmers treats any flexibility on super as heresy. Guardrails matter. So does choice. The debate shouldn’t be shut down. @PaulineHansonOz @Barnaby_Joyce