not only this but also read that they looking at putting capital gains on the family house aswell, from what i read it was a yearly 6500 on all properties over 450,000, that just about accounts for everyone.The tax is to be paid once the property has changed hands so how many people will be selling? and what will it do to the market? smash it..what other tax is going to go up or come about to pay down our multi billion $$ debt?
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50% discount capital gains tax to go, page-7
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