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.
- Forums
- Political Debate
- Labor cutting Cap Gains Tax discount from 50% to 25%
Labor cutting Cap Gains Tax discount from 50% to 25%
-
- There are more pages in this discussion • 64 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)