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Modeling a Wealth Tax

August 2020 Some politicians are proposing to introduce wealth taxes in addition to income and capital gains taxes. Let’s try modeling the effects of various levels of wealth tax to see what they would mean in practice for a startup founder. Suppose you start a successful startup in your twenties, and then live for another […]

The not-so-hidden tax of good ideas

And there it is — the moment that you realized your productivity was killed and your focus was derailed, all for an idea that probably won’t matter in two weeks (if not two minutes). But you’ll do it again tomorrow, because that’s what product teams do. We entertain ideas. We explore possibilities. We chase potential. […]

Australia news live: Nacc chief acknowledges ‘disquiet’ over new corruption body but denies it is widespread; Newcastle coal protest under way

Brereton denies ‘widespread’ disquiet about Nacc Sarah Basford Canales The Nacc commissioner, Paul Brereton, does not accept there is “widespread” disquiet about the federal integrity body after the fallout of its decision not to investigate robodebt referrals. Under questioning by Greens senator David Shoebridge, and Liberal MP Keith Wolahan, Brereton accepted there was some public […]

Australia politics live: Bill Shorten gives farewell speech to parliament; Minns in last-ditch talks to avoid Sydney rail shutdown

Bill Shorten begins valedictory speech The NDIS minister and former Labor leader, Bill Shorten, has begun his valedictory speech in parliament. He will retire from politics next year before taking up the role of University of Canberra VC next February. His family is in parliament to watch the speech, as are various other luminaries – […]