finance
Australian Tech Entrepreneurs Post AI Images Mocking Government Tax Plan
Tech entrepreneurs have posted AI-generated images showing Prime Minister Anthony Albanese as a startup founder to protest proposed capital gains tax changes. The government has indicated that startups may receive a carve-out from the changes.
May 17, 3:38 AM·1m read1 source
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Tech entrepreneurs have posted AI-generated images depicting Anthony Albanese as a startup founder to protest planned changes to Australia's capital gains tax discount. One image caption read, “He’s having a great time with his new 47% equity,” while another warned that higher taxes could push some startups to leave Australia.
The prime minister said he wanted to support innovation.
Treasurer Jim Chalmers stated that consultation with the startup sector is continuing. Startups and entrepreneurs may still receive a carve-out from the planned CGT discount changes.
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