Australia's largest stock trading and investment forum Australia's #1 stock forum

Firstly answer me do you own a house for your family yourself...

First 2 Last

Share
Profile

Follow
chappy58

7,494 Posts.

20

11/04/22

18:25

Post #: 60790365
Share

Originally posted by Dermotlyons24: ↑

Can someone give a justification for why there is no CGT payable on sale of a principal primary residence(the main home), yet there is CGT payable on practically all other assets including shares. E.g. So, if person A and person B both have some money to invest, and person A is richer and has more to invest so can buy a house and live in it but person B can't afford a house so instead has to rent and invests in shares, if they both sell years later, person B gets stung with CGT but person A pays no tax. Now, how us that a progressive tax and equitable in any way? It isn't...

Expand

Firstly answer me do you own a house for your family yourself ????
5 Upvote

Reply

Top Stories

LU7

Lithium Universe targets silver boom with breakthrough solar recycling tech

LIS

Li-S Energy the latest microcap to pivot to US defence market

ASX Market Close: Why are we red today? Because US CPI's at 3%

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

LDX

Lumos Diagnostics surges 140% on major US contract deal

First 2 Last

SPONSORED BY