BTCCLUB / @ausbtcclub:
Term deposits paying 5%
Money inflation is 7.36%
BTCCLUB / @ausbtcclub:
Current System (50% CGT Discount)
Step 1: Apply CGT discount
Capital gain: $100,000
50% discount: $50,000 taxable
Step 2: Total taxable income
Salary: $100,000
Taxable capital gain: $50,000
Total taxable income = $150,000
Approx tax payable
Tax on $150,000 ≈ $40,567
Tax without the capital gain
Tax on $100,000 salary ≈ $22,788
Effective tax caused by the gain
$40,567 − $22,788 = $17,779
So under the current system:
Tax on the $100k gain ≈ $17.8k
Effective CGT rate ≈ 17.8%
Prop...
BTCCLUB / @ausbtcclub:
For every $100,000 of capital gains, Labor is stealing $18,975 in EXTRA tax based on this new CGT change.
18.97% worse off
Calculation is based off $100,000 salary and $100,000 capital gain.
Term deposits paying 5%
Money inflation is 7.36%
BTCCLUB / @ausbtcclub:
Current System (50% CGT Discount)
Step 1: Apply CGT discount
Capital gain: $100,000
50% discount: $50,000 taxable
Step 2: Total taxable income
Salary: $100,000
Taxable capital gain: $50,000
Total taxable income = $150,000
Approx tax payable
Tax on $150,000 ≈ $40,567
Tax without the capital gain
Tax on $100,000 salary ≈ $22,788
Effective tax caused by the gain
$40,567 − $22,788 = $17,779
So under the current system:
Tax on the $100k gain ≈ $17.8k
Effective CGT rate ≈ 17.8%
Prop...
BTCCLUB / @ausbtcclub:
For every $100,000 of capital gains, Labor is stealing $18,975 in EXTRA tax based on this new CGT change.
18.97% worse off
Calculation is based off $100,000 salary and $100,000 capital gain.
Guilherme Lazarotto - Tecnologia & Automação:
N8N + Claude: Instale Essas SKILLS e Mude o Nível dos Seus Fluxos! Skills da comunidade para N8N
N8N + Claude: Instale Essas SKILLS e Mude o Nível dos Seus Fluxos! Skills da comunidade para N8N