thegreatdivide wrote on Aug 20
th, 2026 at 12:07pm:
Unlike wages and salaries, unrealised capital gains are generally not taxed each year. Instead, they are usually taxed when the asset is sold. Deferring tax until sale provides a significant tax advantage because the investor continues to earn returns on money that would otherwise have been paid in tax."
False. Unrealised gains are paper gains that can disappear before sale. The money is entirely different. One is a tangible asset and the other an intangible asset. Rents and Returns from shares are tangible and taxed. You really show your ignorance.
So what you want to do is tax something that nowhere else in the world is doing.
What do you think Sorry dumb question.
thegreatdivide wrote on Aug 20
th, 2026 at 12:07pm:
So a billionaire's wealth increases each year, owing to the tax advantage, enabling increased purchasing power not available to wealth from wages which are taxed annually.
Unrealised gains yes. Rents no. So you want to double tax them annually.
thegreatdivide wrote on Aug 20
th, 2026 at 12:07pm:
No-one wants to consume based on borrowed money.
Tell that to the people who do payday loans
thegreatdivide wrote on Aug 20
th, 2026 at 12:07pm:
The cumulative effect of lower tax rates over many years confers the significant advantage in purchasing power over that period.
Which lower tax rate are they operating under?
thegreatdivide wrote on Aug 20
th, 2026 at 12:07pm:
Successful businesses increase in value over time. Owners of businesses which fail are in the same position as workers who are made redundant.
Do the become successful because f or in spite of the tax regime they operate under?
Forum
Pages: 
A wealth Tax Should Be Introduced In Australia (Read 18593 times)
