I have it on good authority that cost of living pressures and inflation are entirely attributable to the Labor government and Anthony Albanese in particular.
According to all the business owners I know he inherited an economy that was running like clockwork and drove it in to the ground with his unfair and unAustralian spending on things that business neither wants nor needs.
Also he is punishing landlords for their success.
Additionally if he goes after trusts they are convinced that every successful entrepreneur in the country will leave and take their money with them.
They must be telling the truth right? They get all their talking points from a select handful of investment bankers who are fearless truth tellers after all…
I always want to ask, “If these are the talented go getters you imply… Why is their passive income potential being capped a bad thing? Couldn’t they just shift away from buying heaps of property and shifting their holdings into trusts to reduce their tax bill and move towards starting more businesses and new enterprise?”
I literally know people who have shut down successful businesses because they could make more money for less work as professional land lords, so how is the current (or former) structure incentivising business ventures?
I reckon another factor is the cost of living and inflation is eating into everyone’s ability to save money.
So it makes it even harder to accumulate enough for a deposit, as well as continue to pay off a loan.
I have it on good authority that cost of living pressures and inflation are entirely attributable to the Labor government and Anthony Albanese in particular.
According to all the business owners I know he inherited an economy that was running like clockwork and drove it in to the ground with his unfair and unAustralian spending on things that business neither wants nor needs.
Also he is punishing landlords for their success.
Additionally if he goes after trusts they are convinced that every successful entrepreneur in the country will leave and take their money with them.
They must be telling the truth right? They get all their talking points from a select handful of investment bankers who are fearless truth tellers after all…
… fine?
I always want to ask, “If these are the talented go getters you imply… Why is their passive income potential being capped a bad thing? Couldn’t they just shift away from buying heaps of property and shifting their holdings into trusts to reduce their tax bill and move towards starting more businesses and new enterprise?”
I literally know people who have shut down successful businesses because they could make more money for less work as professional land lords, so how is the current (or former) structure incentivising business ventures?