Sam Dougall (@SamrDougall) header
Sam Dougall (@SamrDougall) profile picture

Civil Engineer with a great interest in economics, finance, investing and trading.

Australia
Joined December 2017
Photo by Sam Dougall (@SamrDougall)Photo by Sam Dougall (@SamrDougall)Photo by Sam Dougall (@SamrDougall)Photo by Sam Dougall (@SamrDougall)Photo by Sam Dougall (@SamrDougall)Photo by Sam Dougall (@SamrDougall)Photo by Sam Dougall (@SamrDougall)Photo by Sam Dougall (@SamrDougall)Photo by Sam Dougall (@SamrDougall)Photo by Sam Dougall (@SamrDougall)
Aim to be great in 10 years. Build health habits today that lead to a great body in 10 years. Build social habits today that lead to great relationships in 10 years. Build learning habits today that lead to great knowledge in 10 years. Long-term ~ secret weapon. @JamesClear
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Fact
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This billboard wasn't allowed in public, so please don't look at it or retweet it. Thanks dutchbarn.com
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Tax the rich. “New IRS data finds that the top 0.1% of taxpayers (roughly 154,000 returns) paid $440 billion in federal income taxes in their most recent year. The bottom 80% paid $350 billion. Meaning the top 0.1% paid more than the entire bottom 80% combined.” — h/t IRS, @Rothmus , @profstonge
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For years I've written that the entire economy is heading on-chain, and that the smart contract networks are the only rails it can possibly run on. Here's the thing people still haven't understood. Billions of AI agents are about to come online, and they're going to transact constantly... paying each other for compute, data, services, at a scale and speed no human market has ever seen. The existing financial system physically cannot carry them. It’s too slow. And it looks like institutions are catching on. Just last week: Franklin Templeton called AI agents the “use case that finally drives blockchain adoption” Coinbase's agent-payment rails got adopted by Google and Amazon. Samsung put stablecoins in the Galaxy wallet. David Solomon went against the rest of Wall Street to back the Clarity Act. And this is just one week. The rails are being laid, the machine economy is coming to run on them, and most people are still whinging over the daily price movements. We're about to onboard billions of agents onto a financial system that didn't exist twenty years ago. This is fucking wild.
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Income Tax (Federal) Medicare Levy Medicare Levy Surcharge (if applicable) Goods and Services Tax (GST) Stamp Duty on Property Purchases Land Tax (where applicable) Council Rates Emergency Services and Volunteers Fund (Victoria) Payroll Tax (indirectly through employers) Superannuation Contributions Tax Superannuation Earnings Tax Capital Gains Tax (CGT) Tax on Bank Interest Tax on Dividends Tax on Foreign Investment Income Cryptocurrency Capital Gains Tax Fuel Excise GST on Fuel Motor Vehicle Registration Fees Transport Accident Commission (TAC) Charge Motor Vehicle Duty (Car Stamp Duty) Luxury Car Tax (if applicable) Alcohol Excise Wine Equalisation Tax (WET) GST on Alcohol Tobacco Excise GST on Tobacco Insurance GST Victorian Insurance Duty (where applicable) Passenger Movement Charge (international departures) Customs Duty (on certain imported goods) Import GST (on imported goods) Biosecurity Import Charges (embedded in imported goods) Gambling Taxes (indirectly through reduced payouts) Commercial Passenger Vehicle Levy (included in taxi and rideshare fares) Environmental Levies (embedded in electricity, waste and other services) Waste Disposal Levies (embedded in council rates and commercial waste charges) Company Income Tax (indirectly through higher prices/lower wages) Fringe Benefits Tax (indirectly through employment costs) Payroll Tax Pass-through (higher prices and/or lower wages) Import Tariffs (embedded in the price of some imported goods) Excise on Certain Petroleum and Fuel Products Luxury Tax Components Embedded in Certain Goods Fire Services / Emergency Services Property Levy (through the Emergency Services and Volunteers Fund) Road User Charges (for certain heavy vehicles and, where applicable, some EV charging schemes in other jurisdictions) Airport Security and Government Aviation Charges (embedded in airline tickets) Various Regulatory Levies Embedded in Utility Bills (electricity, gas and water) Various Industry-Specific Government Levies Passed Through in Consumer Prices (banking, telecommunications, waste, etc.)
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What if we stole Elon Musk's $1 Trillion?
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OK Australia; own up. 🤷🏼‍♂️ Come clean. Declare yourself. 📣 Who are the 5 million rusted-on numbskulls still voting Labor❓
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In Belgium, it's effectively illegal to say that diversity isn't our greatest strength. X: @PrisonPlanet Full video: youtube.com/watch?v=Zf89IDph…
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Jensen Huang at Dell Technologies World on Dell Deskside Agentic AI: agents running securely in an OpenShell sandbox, local models on Dell infrastructure, and Dell Services to get you to production fast. Every model. No token anxiety.

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Make it make sense @AlboMP + @JEChalmers
Australia’s top tax rate of 47% kicks in on an income that still would not allow you to afford a mortgage on the median home in Sydney. So the government calls you rich but you cannot afford to buy an AVERAGE house in Australia’s largest city.
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Wild
When the govt fucks every taxpayer in the upcoming budget, here is where your money has been going 👇@GeoffWilsonWAM @TwinTurboCe1ica @bowtiedstocks
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Wild.
New analysis from me: In just seven years, the NDIS blew out to four times its projected cost. I have never seen anything like this in a public spending program, and it brought Labor to an uncomfortable and controversial reckoning this week.
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Socialism by stealth.
Australia has 5x the number of public servants per capita than China 🙈
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This.
Total Global Liquidity is rising Global M2 is rising US Total Liquidity is rising US M2 is rising China Total Liquidity is rising ISM is rising Try not to over think it.
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Int eresting.
US fertility reached 1.57 last year, the lowest ever recorded, and the WSJ explanation is "uncertainty about finances, relationship stability, and the political climate" my great grandma had eleven children during the second world war, in a country being bombed, in a house with no running water, on rations. poor people have always had kids. the poorest people on earth right now still have kids and the financial excuse is a story we tell ourselves because it makes us feel good and the real one is unbearable the real mechanism is that we got rich enough to redefine children as an expense instead of the point. somewhere in the last fifty years the cultural goal inverted and a child stopped being what life is for and became a line item competing with the lifestyle. once you frame it that way the math never works, because the math isnt supposed to work. that's the point we are living in the richest moment in human history and we decided to use the surplus to buy ourselves out of the future. the most prosperous civilization that has ever existed is committing demographic suicide at the altar of personal optimization and comfort, and the official line is that we cant afford it the birthrate is a lagging indicator of a civilization that forgot why it was alive
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Wild.
and also this, net #immigration down however long term arrivals massively up, you're a scumbag party and you will get obliterated in the next election
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Wild.
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Good list.
Cortisol is aging you faster than junk food. Wrinkles, sleep loss, poor recovery, low libido. Here are 8 natural ways to reduce high cortisol and stay young (share this with someone you care about)🧵 1. Saunas
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Top listen.
If you really want to understand why the financial system will always extract upwards, you must watch my pod with @LynAldenContact. There is no escaping the mechanics of the economic system. Endless debt. Endless inflation. Link for the full show 👇
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