{"id":707493,"date":"2026-06-01T03:41:13","date_gmt":"2026-06-01T03:41:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/707493\/"},"modified":"2026-06-01T03:41:13","modified_gmt":"2026-06-01T03:41:13","slug":"labor-tax-changes-help-start-ups-get-off-the-ground-despite-what-social-media-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/707493\/","title":{"rendered":"Labor tax changes help start-ups get off the ground, despite what social media says"},"content":{"rendered":"<p>You\u2019ve seen the memes on every one of your feeds \u2013 \u201c(not so) excited to introduce my <a href=\"https:\/\/www.afr.com\/technology\/dear-founders-the-government-now-wants-half-your-start-up-20260518-p5zxz3\" rel=\"nofollow noopener\" target=\"_blank\">new cofounder<\/a>, the Australian Government, who will take 47 per cent of what I make when I sell my start-up\u201d.<\/p>\n<p>It\u2019s a clumsy and inaccurate metaphor \u2013 especially as far as small businesses are concerned, who benefit from their own specific CGT concessions \u2013 but it has nevertheless become a shorthand for complaints about the government removing the 50 per cent capital gains tax discount on shares, and for the argument that a higher rate of capital gains tax will discourage entrepreneurship.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"You\u2019ve seen the memes on every one of your feeds \u2013 \u201c(not so) excited to introduce my new&hellip;\n","protected":false},"author":2,"featured_media":707494,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[64,63,99,198],"class_list":["post-707493","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-au","tag-australia","tag-business","tag-entrepreneurship"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/707493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=707493"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/707493\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/707494"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=707493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=707493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=707493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}