Do you stand with Grace Tame? #IStandWithGraceTame

CRYING REAL ESTATE AGENT - These boots were made for crying in: Budget tax realities, less the bullshit. Here’s a clip from the ABC with a real estate agent whinging about the budget tax changes. So, to set the record straight, let’s imagine: →A lady, a real estate agent (not unlike the one in the video), and →Me, earning $300,000 a year on a salary, no trusts, no loopholes. Let’s look at the reality of what this ABC report’s 60s-boots real estate lady says: She says: "It’s cracking down on small business owners and the poor people that are trying to support the country to employ people." Translation: "Wah, the government wants me to pay tax like everyone else!" Here’s what she doesn’t say: She uses trusts to split her income, so she pays a lower marginal rate on the total income. →Two of her kids, 17 years old, on an overseas holiday, not working in the business, receive a portion of that income. So, she pays less tax than a normal wage earner, like me on $300k at an effective rate of 47%. →She’s whinging because the tax on her trust distributions might go up to 30%. Cry me a river. And what about her BMW? Paid for by the company, so it’s a pre-tax deduction, reducing her company’s taxable income. Me? I pay for my fucking car out of after-tax income. No deduction for me. She then says: "I have to now sit back as a business owner and ask myself, do I want my children to come in and take over my business? I mean, what am I in business for if I'm paying more tax?" Reality check: You’re not paying more tax than the average salary earner. You’re in business to make a lot more money and use trusts to avoid paying the same taxes as everyone else. You still have a business to sell if you’re any good at it. The rest of us don’t get to write off our cars or split our income with our kids on holiday. Stop whinging. Bottom line: If you don’t like paying tax, maybe don’t earn so much. Or, here’s a novel idea; pay your fair share like the rest. "These boots were made for walking, all over the average taxpayer" Off you fuck. _____________ Notes about our example in replies > *For transparency, the writer owns and has owned multiple businesses, used trusts and knows THE REALITY of this. We understand the ACTUAL reality rather than the myths and lying hype.

Just sublime watching Alan Kohler, calmly and rationally, completely debunk all the partisan nonsense. Kohler deals in facts, Maiden tabloid trash and Coorey is haunted by the demise of his beloved LNP. And ex-Sky Speers🙄😵🤪 #insiders #auspol