Calls to Scrap Capital Gains Tax Discount Intensify Amidst Parliamentary Review
Australia's Senate is reviewing the capital gains tax discount. Find out who wants it changed and why it matters for inequality and housing.
#CGTDiscount, #TaxReformAustralia, #SenateReview, #EconomicEquality, #AustralianPolitics
https://newsletter.tf/australia-senate-reviews-capital-gains-tax-discount/
A 50% discount on capital gains tax in Australia is being reviewed by the Senate. This could change how people are taxed on profits from selling assets.
#CGTDiscount, #TaxReformAustralia, #SenateReview, #EconomicEquality, #AustralianPolitics
https://newsletter.tf/australia-senate-reviews-capital-gains-tax-discount/
Parliamentary Budget Office drops the truth bomb: 59% of the 50% CGT discount bonanza goes to the richest 1% (earning >$362k).
The system is rigged—tax breaks for millionaires while housing becomes a fantasy for the rest of us. Scrap this inequality engine.
#CGTDiscount, #HousingCrisis, #Auspol #BuildSocialHousing #NegativeGearing
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