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Tech founders use AI-generated images to poke fun at Anthony Albanese in protest against tax changes

TL;DR

Australian tech founders are mocking Prime Minister Anthony Albanese's planned capital gains tax changes by posting AI-generated images of him as their "new founder," warning that the higher CGT rate could drive startups offshore. "He's having a great time with his new 47% equity," jokes one entrepreneur. The government has signalled a possible carve-out for startups, with Treasurer Jim Chalmers saying consultations continue.

Nauti's Take

Interesting how tech founders now run political debates with AI-generated memes — it builds reach and real pressure on tax decisions. The catch: memes don't replace serious policy debate on startup funding, and over-polarization can erode sympathy for the industry.

Australian founders should pair the mockery with concrete CGT reform proposals — otherwise the uproar reads as pure PR.

Sources