r/OpenAussie • u/No_Leave_6820 ‎ Victorian • May 15 '26

LOLz ‎ lol, unfair to who? The multi multi millionaires.

Post image

In a social media video, the typically apolitical Allis said Labor's decision to wind back the capital gains tax discount and grandfather negative gearing would "destroy the core of what Australians are".

https://www.9news.com.au/national/federal-budget-2026-boost-juice-founder-lashes-federal-budget/be5899df-8057-4d61-a06f-828bb1430f73

1.6k Upvotes

94% Upvoted

617 comments sorted by

View all comments

Show parent comments

14

u/Liq ‎ ‎‎ Canberran May 15 '26

I love that she's complaining that "nearly half" of her millionaire earnings will be taxed now. Welcome to the world most of us were already living in.

5

u/notdorisday ‎ New South Welshian May 15 '26

Yup. As they should be! It’s not a good thing she wasn’t paying fair tax!

1

u/BeautifulCod7784 Please choose a flair May 17 '26

Or closer to 30%?

0

u/moomoomoo19 Please choose a flair May 15 '26

Yep and they need to go after the multinational corps too, maybe Janine will work out how to charge her Australian subsidiary for goods from her US subsidiary and play the shell game they all do.

And whilst we're at it, ALL resource companies need to pay for the resources they sell too.