Latham lashes out at lefties, page-4

This can be seen in The Greens CGT policy - which seeks to remove the 50% discount for individuals and only tax nominal gains (and remove negative gearing).

In the policy statement there is a lot of bluster about why the 50% discount was brought in but very little commentary on what it replaced (i.e. taxing gains AFTER INFLATION).

Such a policy will increase tax receipts but likely lead to higher income earners making investments via companies in future so the gains and earnings are taxed at 30% (not 47-49%) with the ability for franking credits to be cashed out in retirement (significantly reducing taxes collected in the medium to long term and creating a budget time bomb). All their spending commitments underwritten on this policy's revenue projections will probably add to the structural budget deficit as well (because it likely won't raise as much in revenue over 10 years due to changes in investor behaviour).

You'd think they might bring someone in who knows something about tax (and higher income taxpayer behaviour) to advise them on tax policy...