Certified Legendary Thread Covid, Life, UFOs, Food, & Wordle :(

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Is it different to the way the current 15% tax is done?

As they contemplate it, yes. Unrealised gains apparently to cop it for a start. The bigger difference is that there now becomes a progressive element. Currently, each fund account has a single tax rate- 15% for accumulation accounts, 0% for pension. Even with transfer balance caps, it was still one rate for one account.

This is different.


On iPhone using BigFooty.com mobile app
 
As they contemplate it, yes. Unrealised gains apparently to cop it for a start. The bigger difference is that there now becomes a progressive element. Currently, each fund account has a single tax rate- 15% for accumulation accounts, 0% for pension. Even with transfer balance caps, it was still one rate for one account.

This is different.


On iPhone using BigFooty.com mobile app
What is the issue with a tax concession being progressive? Isn't it already progressive in terms of salary sacrificing contributions - eg there is a cap on the tax discounted salary sacrificed contribution and larger contributions are taxed at your income tax rate.
 
What is the issue with a tax concession being progressive? Isn't it already progressive in terms of salary sacrificing contributions - eg there is a cap on the tax discounted salary sacrificed contribution and larger contributions are taxed at your income tax rate.

Within the system. It’s a change.


On iPhone using BigFooty.com mobile app
 

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The final and probably inevitable iteration of the freedom movement. Given a lot of their hyper Christian influenced ideology was basically a product of a russian maskirovka operation to try and destablise western democracies (financing for the Canberra convoy came mysteriously largely from Eastern European sources), they have peeled back the brown paper packaging and let their real colours show.

Bossi and Guru Dave amongst others new angle is Putin Partisans complete with Russian flags with the "Z" symbol.






 
The final and probably inevitable iteration of the freedom movement. Given a lot of their hyper Christian influenced ideology was basically a product of a russian maskirovka operation to try and destablise western democracies (financing for the Canberra convoy came mysteriously largely from Eastern European sources), they have peeled back the brown paper packaging and let their real colours show.

Bossi and Guru Dave amongst others new angle is Putin Partisans complete with Russian flags with the "Z" symbol.







Sounds a bit far fetched to me.
 
Supermarket near work sells hot Buffalo wings - $7 for 6 - tasty and good value - get 2 lunches

Very scary ingredients though....

IMG_20230306_123555632.jpg
 

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I don't always get the "logic" these days. Who programs this sh*te?

Car wash this arvo ...

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People might ask questions when weve washed it down to bare metal after a week
Who gives a rats about my car.
As long as you and I are getting what we need.
Because you can't really get what you want. If we try sometimes we will get what we need.

All the money we save we get a plastic wrap in camouflage.
They won't even know we're there brother.
 
Have you reached an armistice with Osama bin Lady jmac70? Do we need to send reinforcements?
She’s been away but unfortunately returned today. She’s a nut job but her partner is a psycho.
 
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