Australia is now sprinting headfirst toward a future where you get billed for wealth that isn’t liquid, isn’t realized, and, if the market tanks tomorrow, might never even exist. - Upgoat - "what's upgoat!"

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Australia is now sprinting headfirst toward a future where you get billed for wealth that isn’t liquid, isn’t realized, and, if the market tanks tomorrow, might never even exist.
submitted by Sector2 to Australia 18 hoursMay 20, 2025 12:36:42 ago (+32/-0) (quoththeraven.substack.com)
https://quoththeraven.substack.com/p/australias-unrealized-gain-tax-plan

https://www.zerohedge.com/news/2025-05-19/australias-unrealized-gains-tax-will-be-lesson-economic-suicide

Sounds like Aussie investors will be getting the rope.

23 comments block

FuckShitJesus 1 points 7 hours ago

Everyone gets a prize: Government edition.