Show threadLats (314 ppm)6d ago

@pauldotm the key thing is the link between higher prices and higher wages. The problem is that wage growth has not been happening as fast as inflation so there is actually no problem. There is no inflation spiral for the RBA to fix. Also, interest rates affect those with mortgages and there are far fewer of them than in the past. That means young families are being hit hardest.

What is really needed is tax reform and broadening the tax base again to include Gina Rinehart and her ilk.
#taxreform #taxtherich

efiletaxMar 21

🚨 Big Tax Reform Alert!

FM Nirmala Sitharaman launches PRARAMBH 2026 to roll out the new Income Tax Act, 2025 (effective April 1).

✅ Simpler law
✅ Rules cut: 511 → 333
✅ Child education allowance ↑ to ₹3,000/month

Focus: Less litigation, more trust & tech-driven compliance.

#IncomeTax #TaxReform #PRARAMBH2026

Orbit News HubMar 18

Australian Tax Reform: Treasurer Announces Ambitious Overhaul of Tax Code for Upcoming Budget

https://orbitnewshub.com/australian-tax-reform-treasurer-announces-ambitious-overhaul-of-tax-code-for-upcoming-budget/

#AusPol #TaxReform #FederalBudget #AustralianEconomy #OrbitNewsHub #FinanceNews

Show threadLyle Solla-YatesMar 18
Third, permission to reduce taxes on structures and raise them on land, waiting for the Governor’s action. We joined with our friends in Falls Church, Fredericksburg, and Newport News on this. The idea is to reduce displacement while encouraging maintenance and investment https://lis.virginia.gov/bill-details/20261/HB282 #VALeg #TaxReform
Go-financeMar 17

From April 2026, tax rules are getting simpler & smarter 📊
Less confusion, more compliance!

👉 Check details: https://go-infofinance.com/blog/new-income-tax-rules-2026

#TaxReform #IncomeTax #FinanceIndia #TaxTips #SmartMoney #FinLit

Yonhap Infomax NewsMar 17
President Lee Jae-myung declares tax measures for real estate market stabilization should be last resort, comparing them to nuclear weapons while emphasizing financial sector controls and supply policies as primary tools to curb property speculation driven by leveraged investments.
#YonhapInfomax #PresidentLeeJaemyung #TaxReform #RealEstateMarket #HousingPrices #FinancialSector #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=110315
President Lee - 'Taxes Are Like Nuclear Weapons, Should Not Be Used Recklessly... Last Resort'

President Lee Jae-myung declares tax measures for real estate market stabilization should be last resort, comparing them to nuclear weapons while emphasizing financial sector controls and supply policies as primary tools to curb property speculation driven by leveraged investments.

Yonhap Infomax
Mojo ♻️Mar 12

Another banger from Greg Jericho in Grogonomics today: Labor's got the loudest rumors yet of finally tackling the 50% CGT discount & negative gearing ahead of the May budget. House prices keep skyrocketing (2.7% national jump Dec '25 qtr, 7.5% in WA!), juiced by demand-side handouts like the 5% deposit scheme. Time to stop turning the Australian dream into 'negatively gearing one' & make actual home ownership possible. Chalmers pushing reform, Albo hesitant? Do it properly this time.

#HousingCrisis #TaxReform #AusPol

https://www.theguardian.com/business/grogonomics/2026/mar/11/labor-government-house-prices-capital-gains-tax-negative-gearing-budget

Labor must stop juicing house prices and make buying a home the Australian dream – not negatively gearing one

The rumours of action on the capital gains tax discount and negative gearing are louder than before any budget this century. But is the PM up to the task?

The Guardian
DroppieMar 12
Richard Denniss bells the housing cat

https://thepoint.com.au/opinions/260312-australia-actually-has-more-than-enough-houses-theyre-just-owned-by-investors

#auspol #whythefuckislabor #housingcrisis #negativegearing #capitalgainstax #taxreform
Australia actually has more than enough houses, they’re just owned by investors

Over the past 10 years, the number of new homes has been growing faster than the population. Read that sentence again if you need to, but doing so won’t change the facts.

Hacker NewsMar 11

WA income tax clears House after 24-hour debate

https://www.seattletimes.com/seattle-news/politics/wa-income-tax-passes-house-after-24-hour-debate/

#HackerNews #WAincomeTax #HouseDebate #Politics #WashingtonState #TaxReform

Voteinorout 🇺🇸Mar 10
#CoryBooker proposes a bill to eliminate federal income tax on the first $75,000 of household earnings, aiming to unrig the tax system and support working families. The bill also includes an expanded child tax credit. #TaxReform #Politics⁠
⁠
In a move to address income inequality, #CoryBooker highlights the current tax system's bias towards the wealthy, stating, "It's rigged against working people... https://instagr.am/p/DVtnjkUCWx1/
voteinorout on Instagram: "#CoryBooker proposes a bill to eliminate federal income tax on the first $75,000 of household earnings, aiming to unrig the tax system and support working families. The bill also includes an expanded child tax credit. #TaxReform #Politics⁠ ⁠ In a move to address income inequality, #CoryBooker highlights the current tax system's bias towards the wealthy, stating, "It's rigged against working people." His proposal suggests funding these changes by ensuring billionaires pay their fair share. This initiative comes as living costs rise, emphasizing that "work should pay" and families should "keep more of your money."⁠ —⁠ ⁠ The first $75,000 of income for every American family should be tax-free. Follow @senbooker for more.⁠ ⁠ Help this information get to more voters. 🇺🇸 A well-informed electorate is a prerequisite to Democracy.—Thomas Jefferson"

0 likes, 0 comments - voteinorout on March 10, 2026: "#CoryBooker proposes a bill to eliminate federal income tax on the first $75,000 of household earnings, aiming to unrig the tax system and support working families. The bill also includes an expanded child tax credit. #TaxReform #Politics⁠ ⁠ In a move to address income inequality, #CoryBooker highlights the current tax system's bias towards the wealthy, stating, "It's rigged against working people." His proposal suggests funding these changes by ensuring billionaires pay their fair share. This initiative comes as living costs rise, emphasizing that "work should pay" and families should "keep more of your money."⁠ —⁠ ⁠ The first $75,000 of income for every American family should be tax-free. Follow @senbooker for more.⁠ ⁠ Help this information get to more voters. 🇺🇸 A well-informed electorate is a prerequisite to Democracy.—Thomas Jefferson".

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