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Death duties rumoured to being considered by ALP, page-3

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colincj

6,472 Posts.

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02/12/17

14:30

Post #: 29316122
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Originally posted by bacci ↑

Heard a rumour from Canberra that the ALP is considering introducing Death Duties.

I am not at all surprised. Following the next election they will have such a large majority they will probably get this in and still get a second term. The Libs probably wont object and are not in a position to criticise after their raid on super. They may well support it.

Most other countries have Death Duties so this won't be a hard sell as another "fairness measure". I expect it will initially target high value estates but come down over time. All those expensive homes in Sydney and Melbourne will net the government a fortune.

Bacci

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Go back and check your rumour I heard that too but that it was Morrison bringing it in , just shows you can't trust rumours, he was waiting to after the Bennelong bye-election is what I heard.
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