Say No To CGT Legislation on Unrealised Gain Poster
Many people are alarmed by the prospect of paying capital gains tax on unrealized gains, specifically applying at present to Superannuation accounts but likely to be expanded in future to a broader range of investments.
CGT may in future be applied to shares, business, precious metals, investment property and more.
Unrealized capital gains refer to the increase in value of an asset that you own but have not yet sold. You do not currently pay tax on these gains until you sell the asset and “realize” the profit.
Unrealized capital gains tax is a tax on the increase in value of assets that you own but have not yet sold and hence not realized any profit! Does that sound fair to you?
Could this CGT strategy deprive your children of a prosperous future?
If you’re concerned about future expansion of CGT legislation to capture unrealized gains on a broader range of investments, let your local Federal Minister know you don’t consent to such legislation nor tax, that you;
1. Direct and command them to never to introduce or support such legislation, that if they defy your expressed will, they will wear the liability personally for the consequences, and
2. You spread the accompanying poster around your local community, and
3. Sign the (coming) online Non Consent To CGT legislation on unrealised gain Mandate
Your support in this community effort in preventing introduction of such insidious legislation can not only stop future introduction of further CGT legislation but save your country from insolvency and save your children’s future from poverty. Don’t let bureaucrats destroy this once great country. Restore Australia and Australians to prosperity. Participate now with the Non Consent To CGT legislation programme today!
Call or write to your local Federal Minister.
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