• 6 Posts
  • 11 Comments
Joined 2 years ago
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Cake day: July 4th, 2023

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  • After a threshold. You don’t want to tax some poor pensioner who has lived in the same 2-bedroom cottage in Carlton for 60 years, simply because that location is now worth $2Million.

    And now it’s complicated. How do you find that threshold?
    If it’s per-person, you’ll find rich people divvying up their portfolios to family members to distribute this tax benefit.
    If you grandfather it in so it only affects future property purchases, you disincentivise retirees from downsizing to a smaller place, freeing up some 4-bedroom house.

    Taxation policies are hard.









  • My wife has been fascinated by this case and listens to the daily podcast about it. She’s gone from “oh she definitely did it” to “maybe she’s innocent, I can’t be say beyond reasonable doubt” after this week’s testimony. So Erin is clearly doing some good for her case on the stand.

    I haven’t been following the case closely, but I listened to one recap podcast a week ago where they describe the multiple phones, the missing phone seen on camera that wasn’t provided, with the one provided to police being factory reset first, and taking her dehydrator on CCTV to the tip after telling police she didn’t have one - it was all pretty damning.