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![GeoffWilsonWAM Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1768740881962844160.png) Geoff Wilson [@GeoffWilsonWAM](/creator/twitter/GeoffWilsonWAM) on x 6564 followers
Created: 2025-07-23 11:33:52 UTC

“Taxing someone on paper gains they haven’t received a cent from is not reform – it’s confiscation”.
The @SMSFassoc hits the nail on the head: taxing unrealised gains punishes aspiration & turns market volatility into tax bills.

This illogical policy will gut innovation & deter wealth creation for future generations. It’s poor policy. Time to rethink.


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**Related Topics**
[tax bracket](/topic/tax-bracket)
[aspiration](/topic/aspiration)
[cent](/topic/cent)

[Post Link](https://x.com/GeoffWilsonWAM/status/1947983499845419201)