Labor cutting Cap Gains Tax discount from 50% to 25%

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    There has been little talk in the media about the change proposed by Labor to cut the Capital Gains Tax discount rate from 50% to 25%. This will effect a lot of Australians especially aspirational voters who are increasingly investing especially in the share market and no doubt impact a majority of posters on Hot Copper.

    This needs to be raised more by the Coalition and I think it's a weak point for Labor showing there instinct to constantly raise taxes and make it harder for average Australians to get ahead.
 
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