Australia is now sprinting headfirst toward a future where you get billed for wealth that isn’t liquid, isn’t realized, and, if the market tanks tomorrow, might never even exist. - Upgoat

Australia is now sprinting headfirst toward a future where you get billed for wealth that isn’t liquid, isn’t realized, and, if the market tanks tomorrow, might never even exist.
submitted by Sector2 to Australia 11 hoursMay 20, 2025 12:36:42 ago (+30/-0) (quoththeraven.substack.com)
https://quoththeraven.substack.com/p/australias-unrealized-gain-tax-plan

fnbs 0 points 4 hours ago

I thought the biden administration was talking about doing this a couple years ago but nothing came of it