Subnostr

Taxes on unrealised gains is a very dangerous precedent.

It would be worth your while letting your local MPs and senators know your views on this proposal

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You'd think with a wealthy boomer population this would not go down well.

I think they’re relying on the fact that majority of people (at the swing voting margin) don’t have more than $3m so won’t oppose.

Likely

They wouldn't be thinking too far ahead as the next round of printing could send most properties above that value.