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#taxreforms — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #taxreforms, aggregated by home.social.

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  1. If more proof was needed that #LittleTimmy is a gas bag with little practical understanding of … well, anything, his budget reply speech about #NDIS, #DiscretionaryTrusts and Down Syndrome tells you all you need to know about the #ShadowTreasurer and the #LNP:

    ‘Rather than ask about how, as we reported last week, those with Down syndrome will be among the most affected by cuts to NDIS services, the opposition has instead tried to suggest the biggest issue for people with Down syndrome is testamentary discretionary trusts. According to #Tim “Families of disabled children [will be] forced to overhaul finances under new Labor tax reforms”. In reality, special disability trusts were specifically exempted from the changes to trusts. Nothing has changed for them.’ (Source: Greg Jericho in The Guardian - 28May26)

    #AusPol #TaxReforms

    How long will the LNP continue to serve as the #Opposition is up for grabs. The odds aren’t good btw.

  2. @IndyMediaAus
    Wow, that puts it all into perspective. It also shows up main stream media for what it truly is: a megaphone for the richest people (incl corporations) in Australia.

    #AusPol #TaxReforms

  3. @InsurgoFormica
    Every business in Australia has had to pay taxes 12 mths in advance based on estimated revenue for a long while now. What’s so different about ‘Super’ accounts run like an investment business? Just my opinion, but if one doesn’t make sense, then neither should the other - see where I’m getting at? Profound rethink of the tax base and some comprehensive #taxReforms are sorely needed, ergo: it aitn’t gonna happen dude… not in my life time (or what’s left of it).