Tag: benefits

TAX

Airbnb tax rort: why is the government subsidising holiday landlords? – Michael West

ATO Commissioner Chris Jordan

Since Covid people have opted to work from home turning a proportion of their homes into office space as we know Stuart Robert did when he claimed expenses for his Fax copier among other things. Are homeowners being charged CGT on that proportion of their homes claimed as an investment? Will Stuart Robert be made to pay Capital Gains on the sale of his house?

What about renters can they claim a proportion of their rent, gas, and electricity as tax-deductible expenses or should they invoice their place of work and declare it as added income?

Despite the housing crisis, despite the rentals crisis, holiday house landlords claim year-round tax breaks on short-term rentals often vacant. In a letter to Tax Commissioner Chris Jordan, Tim Evans asks why.

This in part has resulted from the common practice among owners of Airbnb and short-term/holiday rental properties claiming up to 100% of annual expenses on these properties simply because they have made the properties “available to rent”, even though they may only be rented out for a fraction of the year.

Source: Airbnb tax rort: why is the government subsidising holiday landlords? – Michael West

Wind Farms

Largest American Wind Farm ever Built all-at-Once Opens in Oklahoma, Saves Customers $1 Billion over Fossil fuels

While the Australian Supreme Court decides Wind Farms are a hazard to health.

So there you have it. Even in a gas and oil state, customers are saving a billion dollars by switching to wind. That is the future, my friend. As for the gas and petroleum, most of it will become worthless and will stay in the ground as wind and solar costs continue to plummet.

Source: Largest American Wind Farm ever Built all-at-Once Opens in Oklahoma, Saves Customers $1 Billion over Fossil fuels

Fight against Fake News, Fighting Fake News, Uncategorized

Old Dog Thoughts- Who are benefiting from COVID-19; Not Job Seekers;

Many people have the attitude that anyone who really wants a job can find one.

Fighting Fake News with REAL,8/8/20; Covid Strengthens Ruling Class Grip on the U.S. CEO Pay; People on the Dole;

Climate Change, Uncategorized

Climate Crisis and Carbon: Six Positive Developments in 2019

https://media.juancole.com/images/2019/12/file-20191220-11929-nf97n8-750x369.jpg

via Climate Crisis and Carbon: Six Positive Developments in 2019

Free Trade, Trade, Trade Unions, Uncategorized

Free trade agreements are often ignored by business. So why has Australia signed a new one? – Analysis & Opinion – ABC News (Australian Broadcasting Corporation)

Scott Morrison shakes hands at the East Asia Summit (EAS) in Bangkok, Thailand, November 4, 2019.

via Free trade agreements are often ignored by business. So why has Australia signed a new one? – Analysis & Opinion – ABC News (Australian Broadcasting Corporation)

Social Reality

A Disney Heiress Reveals the 1 Percent’s Worst-Kept Secret

“Greetings from the 1%,” Disney begins the video. “[W]e in the 1% got a great Christmas present last year,” she says, “I don’t know if you remember—it was called a very big tax break.”

“I didn’t need it,” Disney continues, “but the Republicans gave it to me anyway. And I hear [that] if the Republicans do well in these midterms, they want to give me another one; an even bigger one, in fact.”

via A Disney Heiress Reveals the 1 Percent’s Worst-Kept Secret

Unions

There Is Power in a Union | The Nation

Score-Unions-Web_img

These results should end the simplistic tales in which education alone challenges the dominance of the 1 percent. If we want to change whom our economy works for, we must change who gets to exercise power. And this paper makes it clear: There is power in a union.

via There Is Power in a Union | The Nation

War on Drugs

Drug use can have social benefits, and acknowledging this could improve rehabilitation

The social benefits of drug use are more complex to quantify. But there are now numerous studies showing people use alcohol or other drugs in social settings such as bars, clubs and parties to enhance their interactions with others through increased confidence, greater sociability and less anxiety. For some people this leads to longer-term benefits such as stronger bonds with friends.

via Drug use can have social benefits, and acknowledging this could improve rehabilitation

clean and better future

Quitting coal: a health benefit equivalent to quitting tobacco, alcohol and fast-food | Jonathan Patz | Opinion | The Guardian

View of the Bayswater power station, near Muswellbrook in the Hunter region of NSW

The cost of solar is now well below the retail power prices in Australian capital cities, after dropping 58% in the past five years. What entirely eludes me is why, in a sun-baked country that has a national health campaign of “Slip, Slap, Slop, Seek, Slide”, the Australian government is not taking full advantage of the overabundance of sunlight to expand its renewal energy portfolio and avoid pollution-related deaths as a bonus.

Source: Quitting coal: a health benefit equivalent to quitting tobacco, alcohol and fast-food | Jonathan Patz | Opinion | The Guardian

Green Energy

How American Green Energy created 2.5 million Jobs and saved you from Bronchitis | Informed Comment

The Tree | – – As renewable jobs skyrocket in the US, so do their immense health benefits. According to …

Source: How American Green Energy created 2.5 million Jobs and saved you from Bronchitis | Informed Comment