Small business revolt over budget tax changes

Small business owners are expressing anger over federal budget changes to capital gains tax concessions and trust structures, creating AI-generated memes depicting the Prime Minister as an unwanted business partner claiming 47% ownership. Business owners are spending thousands on accountants and lawyers to understand the complex changes, with concerns mounting about the impact on entrepreneurship, investment in startups, and retirement planning. Labor backbenchers are reportedly contacting local businesses amid fears the policy could cost them their seats at the next election.See omnystudio.com/listener for privacy information.