Margaret @margmopp

Mild-mannered granny, timidly dipping toe into scary new world of Twitter. But sometimes I surprise myself. Joined May 2011

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Margaret @margmopp

2 hours ago

@TrueBlue_76 @RennickGBR This is a disgraceful post.

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Claire Lehmann @clairlemon

a day ago

@RennickGBR "The argument should be to lower tax rates period." So why are you arguing for higher capital gains tax?

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Richard Davies @Richard01357064

a day ago

Speaking of people having no idea what they're talking about... Gerard, you've correctly argued for lower taxes overall, but you've fundamentally misunderstood why capital gains have traditionally been taxed differently. Capital is not labour. Capital is deferred consumption. Every dollar invested first had to be: 💰 Earned. 💰 Subject to income tax. 💰 Saved instead of spent. 💰 Put at risk. That is a profoundly different economic activity from earning a wage. Milton Friedman observed that economic growth depends on capital accumulation. Friedrich Hayek explained that savings finance the investment that raises productivity. Ludwig von Mises argued that capital formation is the foundation of rising real wages. Tax capital more heavily and you get... 📉 Less investment. 📉 Less productivity. 📉 Lower wages. 📉 Slower economic growth. Workers don't benefit from a shortage of capital. They suffer from it. You also ignore the biggest injustice. Capital gains are measured in nominal dollars. If inflation is 25% over a holding period and an asset rises 25%, the owner has made no real gain whatsoever. Yet government taxes that inflationary increase as if it were genuine income. That isn't fairness. It's confiscation. You also describe capital gains as a "second income." No. Rental income is income. Capital gains are an increase in the value of an asset realised only if it is sold—and they frequently reflect years of retained earnings, productivity improvements, inflation and changing market conditions. They are economically different. Finally, the idea that taxing capital harder somehow helps workers is contradicted by centuries of economic history. Workers become more productive when they have better: 🏭 factories 🤖 machinery 💻 technology 🏗️ infrastructure 💼 businesses All of these require investment. Adam Smith himself wrote that "the annual produce of the land and labour" depends upon the stock of capital accumulated. No capital. No productivity. No productivity. No rising real wages. The objective should not be to equalise the taxation of labour and capital. The objective should be to maximise prosperity for everyone. That means: ✅ Lower taxes on work. ✅ Lower taxes on saving. ✅ Lower taxes on investment. ✅ Lower taxes on entrepreneurship. Australia doesn't need class warfare between labour and capital. Labour and capital are partners. One without the other creates neither prosperity nor rising living standards.

Gerard Rennick @RennickGBR

a day ago

This lady has absolutely no idea what she is talking about. The argument about whether or not tax on capital or income should be higher is a false equivalence. The argument should be to lower tax rates period. The value of an asset is a function of its future income

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Ryan Dally @Ryandally08

8 hours ago

#BREAKING Anthony Albanese still claims it’s “DUMB” to close the gap without his divisive Voice to Parliament in the Constitution. In a testy spray on 2GB, the PM dismissed critics, warned media against “red herrings,” and insisted Indigenous Australians don’t want mere symbolic recognition - they need this special constitutional body. Despite the massive NO vote from everyday Aussies, he’s doubling down on creating an exclusive group with influence no one else gets. Eight year life expectancy gap? Skyrocketing Indigenous incarceration rates? Fix it with real policies, not more division and bureaucracy that treats us differently based on race. Parliament is supreme, he says until the Voice starts pushing “pay the rent” and other demands. Australians have had enough of this. Practical outcomes over constitutional stunts.

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Retard Finder @IfindRetards

23 hours ago

This is the new ambassador for Bonds Australia. He said these things (not verbatim) directed at attendees of an anti immigration protest. Bonds want to align themselves with someone who speaks about us like this? Let's shame Bonds into action.

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NoMoreGulags @FreedomAus80100

23 hours ago

A lot of Aussies still don’t realise Australia is being taken over - all because the TV hasn’t told them yet.

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Kirralie Smith @KirralieS

13 hours ago

This is beyond belief! It is such a travesty the Australian media over all aren’t commenting on this every day!

Sall Grover @salltweets

2 days ago

A woman accused of vilification because she knows it’s not natural for men to breastfeed an infant has to be, imo, one of the most sinister cases in all of gender ideology.

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Old Soldier @OMGTheMess

23 hours ago

Exactly as I predicted They lied Again

Tim Wilson @TimWilsonMP

a day ago

You can't trust a single thing these guys say. Share your story at notthetax.com.au

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Francynancy @FranMooMoo

4 hours ago

Anthony Albanese says new legislation will be introduced to double down on social media reforms and give the eSafety Commissioner more powers. This is about government money and power and nothing to do with protecting Australians 😒

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Tommy Robinson 🇬🇧 @TRobinsonNewEra

2 days ago

This was Sydney Australia, yesterday.

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Pauline Hanson 🇦🇺 @PaulineHansonOz

5 hours ago

Labor and the greens just voted against every Australian woman who wants their space protected from biological men.

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Geoff Wilson @GeoffWilsonWAM

8 hours ago

The duo @AlboMP & @JEChalmers have declared WAR on productivity. It’s worse than neglect. Crushing capital gains, chasing green fantasies, and socially engineering the economy has delivered the predictable result, abysmal productivity and a shrinking pie for all Australians. Enough. Reward aspiration, investment and risk-taking, not bureaucrats and rent-seekers. We will win this war.”

Sky News Australia @SkyNewsAust

14 hours ago

Australia’s productivity sits at abysmal lows in no small part thanks to elected officials who think they have a mandate to socially engineer the economy in their own image, writes Kosha Gada. skynews.com.au/insights-and-a…

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Sky News Australia @SkyNewsAust

14 hours ago

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Matthew Camenzuli @Matt_Camenzuli

5 hours ago

Clare O'Neil wouldn't last five minutes in the housing industry. There is little need for her skill base. Incompetent smartarse is not a skill in high demand out here in the real world.

Timjbo 🇦🇺 @TimjboAU

6 hours ago

Housing minister Clare O'Neil bowled leg stump and has a hissy fit with her reply. Does the minister know how many first home buyers now owe more money than their house is actually worth? #ZoeMcKenzie LP

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Andrew Bogut @andrewbogut

a day ago

How on earth the people of Britain are not rioting in the streets after reading this is beyond me. Insane

Rupert Lowe MP @RupertLowe10

2 weeks ago

The Rape Gang Inquiry Report. bit.ly/4uE5odw

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Tyler Green @GreenTyler27

6 hours ago

Australians are being told housing affordability is improving, yet for many families the dream of home ownership feels further away than ever. The fundamental problem is simple: if demand grows faster than housing supply, affordability suffers. For years, Labor and the Coalition have alternated in government, yet Australia now has some of the least affordable housing in the developed world. Both parties have overseen policies that have coincided with rising debt, elevated migration and persistent housing shortages. If the results keep getting worse, it’s reasonable to ask when will the policy settings change?

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Geoff Wilson @GeoffWilsonWAM

24 hours ago

We must stop the new insane CGT on all Australian Business. The war has just begun. How will you help win the war?

Ahead @AheadAus

2 days ago

Did you know “fairer” just means you get taxed more?

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John Larter @JohnLarter000

14 hours ago

This bloke isn’t fit for duty. Not playing with a full deck of cards unfortunately.

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NoMoreGulags @FreedomAus80100

6 hours ago

Below is the new ambassador for Bonds ….Abbie Chatfield ….calling for Trump to be assassinated …with her partner telling those marching against mass immigration in Oz that they should die. If you are still buying Bonds you are part of the problem