Re: General Discussions Reply #2655 – May 19, 2026, 06:07:24 pm Quote from: ElwoodBlues1 – on May 19, 2026, 05:39:12 pmQuote from: dodge – on May 15, 2026, 12:05:01 amLP - the only way for my kids will be through inheritances that we will get in the next 10 years or so. I think the boat has sailed for those that aren't in such a fortunate position. I don't understand how people can repay $3k a fortnight ($1m loan) or $2.4k ($0.8m loan)Gentleman Jim and Albo will want a piece of that inheritance money. They want to pillage Discretionary trusts and bring in a death tax by default. A lot of small business people who use DTs for distributing income as well as will money when appropriate will get hit and switching to a fixed trust is going to cost you tax and stamp duty in some cases. Albo tried to explain it but doesn't have a clue and most of the real wealthy won't be affected...The sooner these goons are out of government the better. Quote Selected
Re: General Discussions Reply #2656 – May 19, 2026, 09:56:55 pm Quote from: ElwoodBlues1 – on May 19, 2026, 05:39:12 pmQuote from: dodge – on May 15, 2026, 12:05:01 amLP - the only way for my kids will be through inheritances that we will get in the next 10 years or so. I think the boat has sailed for those that aren't in such a fortunate position. I don't understand how people can repay $3k a fortnight ($1m loan) or $2.4k ($0.8m loan)Gentleman Jim and Albo will want a piece of that inheritance money. They want to pillage Discretionary trusts and bring in a death tax by default. A lot of small business people who use DTs for distributing income as well as will money when appropriate will get hit and switching to a fixed trust is going to cost you tax and stamp duty in some cases. Albo tried to explain it but doesn't have a clue and most of the real wealthy won't be affected...Your last 1/2 sentence is the only correct bit of all that, the rest is hysteria. Quote Selected
Re: General Discussions Reply #2657 – May 19, 2026, 10:14:33 pm Quote from: northernblue – on May 19, 2026, 09:56:55 pmQuote from: ElwoodBlues1 – on May 19, 2026, 05:39:12 pmGentleman Jim and Albo will want a piece of that inheritance money. They want to pillage Discretionary trusts and bring in a death tax by default. A lot of small business people who use DTs for distributing income as well as will money when appropriate will get hit and switching to a fixed trust is going to cost you tax and stamp duty in some cases. Albo tried to explain it but doesn't have a clue and most of the real wealthy won't be affected...Your last 1/2 sentence is the only correct bit of all that, the rest is hysteria. They are taxing Discretionary trusts.....thats the facts.Expected return is 4.5 Billion over 5 years... Quote Selected Last Edit: May 19, 2026, 10:23:44 pm by ElwoodBlues1
Re: General Discussions Reply #2658 – May 19, 2026, 10:16:26 pm Quote from: ElwoodBlues1 – on May 19, 2026, 10:14:33 pmQuote from: northernblue – on May 19, 2026, 09:56:55 pmYour last 1/2 sentence is the only correct bit of all that, the rest is hysteria. They are taxing Discretionary trusts.....🤬🤬🤬🤬 Quote Selected
Topic: General Discussions (Read 1751952 times)
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Topic: General Discussions (Read 1751952 times)
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