Hostile Takeover

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Hostile Takeover

 

@rosy59782♬ original sound – Rosy

@dave.hughes26Did you know citizens of other countries can buy shares of Australian companies on the ASX, and when they sell them, they pay ZERO capital gains tax. All the money leaves the country. With this undemocratic new tax grab, hidden before the last election, all Australian citizens will be paying a minimum of 30 percent on any profit, so school kids and the elderly as well, even if they have no other income. What a farce. Many will pay 47 percent tax on profits. It’s the highest Capital Gains Tax in the world. Why does @albomp & @jim_chalmers_mp want our great companies owned by foreigners but not us? What’s the end game here?♬ original sound – Dave Hughes