Ep 114: Chalmers Isn't Charming Us - History of Tax Changes - Jeremy Iannuzzelli & Vince Iannuzzelli

The government's new indexation method has been tried before. It didn't end well.   Jeremy sits down with his father Vince Iannuzzelli, a working accountant for over 46 years, to trace the parallels between today's budget changes and the tax chaos of the 1980s and 90s. From the abolition and reintroduction of negative gearing to the nightmare of manually indexing capital gains, Vince walks through what actually happened last time these policies were tried and what it meant for renters, investors, and the broader economy.   The conversation covers capital flight, the death of Australian manufacturing, and why mining, not government spending, has quietly propped up the country's living standards for twenty years. If you're wondering whether history is about to repeat itself, this episode is a must watch. Vince closes with where everyday investors can actually find opportunity in this new environment.     ❓👇🏼Ask your questions using the link below: 👇🏼❓ https://whatschoolshouldhave.com.au/askanyquestion   Get in touch with Jeremy and his team:   Website:  https://www.praediumpartners.com.au/     Disclaimer: This podcast offers general financial information and advice and should not be considered as professional accounting, financial, tax, or legal advice. Listeners should seek personalised guidance from qualified professionals before making any financial decisions.   The opinions expressed by the host, guests, or callers are their own and do not necessarily represent those of the podcast, its sponsors, or affiliates. The podcast does not guarantee the accuracy or reliability of any information provided.   Listeners are responsible for their own financial decisions and should not rely solely on information from this podcast. Participation in the podcast does not establish a professional relationship, and information shared during calls is not confidential.   By listening to this podcast, viewers acknowledge and accept these terms. If you do not agree, please refrain from listening. See omnystudio.com/listener for privacy information.