That's not so. Howard "simplified" the system which discounted for CPI change, with a system that performs a straightline approximation of what is inherently an exponential phenomenon.
Taxing exponential increases in prices due to inflation is theft.
inflation is currency debasement. Governments cause most of it via excessive deficit spending on non-productive causes like welfare, health, NDIS, woke cultural and social causes.
- Forums
- Political Debate
- CGT back in play?
CGT back in play?, page-7
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)