Make $100,000 from selling your labor. 2024-25 FY: $20,788 (not including deductions)
Make $100,000 from selling your appreciating assets: $5,788.00
Gotta love that capital gains discount…
Comment on Wealthy Australians are worried we might realise how rigged the system is in their favour
scotmartin@feddit.org 3 days ago
Isn’t it the same all over the world ? Work gets taxed more than sitting on wealth ?!
MisterFrog@aussie.zone 1 day ago
sqgl@sh.itjust.works 3 days ago
patrioticmillionaires.co.uk have ideas. Gary Stevenson in particular.
Angry_Autist@lemmy.world 3 days ago
Dragging the rich out of their houses and introducing them to Madam Guillotine is a great start
scotmartin@feddit.org 3 days ago
That sounds more like the end.
Angry_Autist@lemmy.world 3 days ago
No because we need to rebuild a system better than capitalism once they’re gone or it’s just going to devolve into robber barons again, and that will be more work than the cleaning house