Happy. @HappySinger

@JacintaAllanMP Some of us are a little bit sick of your party supporting genocide. You have kids. Can't you imagine for just a second how shit it would be for them to be shot or bombed with Labor's support?

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Happy. @HappySinger

2 years ago

@claudedwalker Don't let it go to your head, but one of the main reasons I'm still here. If there were another venue for us to stay in touch and have a laugh, I'd be very interested. Even if it's just threads or bluesky or something.

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Happy. @HappySinger

2 years ago

@claudedwalker @ignore89039500 They could have afforded a professional for the other messy stuff in the first place.

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Happy. @HappySinger

2 years ago

@AdamCSharp I suspect the German prefix _schweine-_ may be a Bowdlerism for the phonetically similar _scheiß-_

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Happy. @HappySinger

2 years ago

@MGrahMcIntosh but we weren't. please don't forget that.

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Happy. @HappySinger

2 years ago

@realDonaldTrump @yhdistyminen #stop

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Happy. @HappySinger

2 years ago

@JulianHillMP nobody is celebrating it. some of us also dislike using it to justify genocide.

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Happy. @HappySinger

2 years ago

@dannolan this is what happens when they teach Betteridge's law at uni

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Happy. @HappySinger

2 years ago

@cyberrage @purplepingers *tenant-funded retirees

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Happy. @HappySinger

2 years ago

@TMFScottP The bigger problem is political: whichever party attempts it will get hammered and I worry Albanese doesn't have the capital to risk it. And of course, pollies and their donors are disproportionately resi investors. And owner-occupiers don't want to see prices fall much either.

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Happy. @HappySinger

2 years ago

@TMFScottP Special-casing a particular asset class feels a bit inelegant to my gut. But on the other hand, housing *is* a special case, and clearly the status quo is hurting people other than the investors, so that's ok.

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Happy. @HappySinger

2 years ago

@TMFScottP Is the idea that, like cap losses, we can only reduce our investment tax to zero but not deduct them from earned income? With a carry-forward to future investment income? 2/2

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Happy. @HappySinger

2 years ago

@TMFScottP Another question: how do you imagine "scrapping negative gearing" working? It's reasonable to deduct our investment expenses, and hard to break those down on a per-Investment basis. 1/2

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Happy. @HappySinger

2 years ago

@jason_king72 @TMFScottP In all but unusual times it would take quite a few years for inflation to compound up to 50%, but eventually of course you're right, and for those of us investing for retirement it would definitely be plausible if we pick the right investments in the first place.