The New York Times - Breaking News, US News, World News and VideosMar 15

It’s Good to Be a Billionaire, Even at Tax Time

https://fed.brid.gy/r/https://www.nytimes.com/2026/03/15/business/billionaire-income-tax-loopholes.html

Su_GMar 14

RE: https://aus.social/@mojo/116226909359896424

Hmmm: “Just 10 of the country's wealthiest electorates account for a third of the national expenditure on the CGT discount, according to the analysis of tax data by the Australian Council of Social Services (ACOSS). And that comes at a cost of about $23.5 billion per year to the taxpayer.

"It’s clear this tax break funnels billions into the wealthiest parts of our cities and country at the expense of those doing it tough," the group's CEO Dr Cassandra Goldie said.”

#AusPol #CGT #CapitalGainsTax #inequality #richGetRicher #tax #ACOSS

World news | The GuardianMar 14
Wealthy British nationals fleeing Gulf conflict bypass UK to avoid tax bills https://www.theguardian.com/politics/2026/mar/14/wealthy-british-nationals-fleeing-gulf-conflict-bypass-uk-to-avoid-tax-bills #Hmrc #TaxAvoidance #CapitalGainsTax #IncomeTax #UkNews #UnitedArabEmirates #Dubai #Money #France #Ireland #Business #UsisraelWarOnIran
Wealthy British nationals fleeing Gulf conflict bypass UK to avoid tax bills

High-net-worth residents of UAE heading to Ireland and France to wait out missile attacks before tax year ends

The Guardian
DroppieMar 12
Richard Denniss bells the housing cat

https://thepoint.com.au/opinions/260312-australia-actually-has-more-than-enough-houses-theyre-just-owned-by-investors

#auspol #whythefuckislabor #housingcrisis #negativegearing #capitalgainstax #taxreform
Australia actually has more than enough houses, they’re just owned by investors

Over the past 10 years, the number of new homes has been growing faster than the population. Read that sentence again if you need to, but doing so won’t change the facts.

NewsletterTFMar 1

Government Considers Tax Rule Changes for Property Investors

Australian Treasurer Jim Chalmers confirmed Treasury is modeling changes to negative gearing and capital gains tax for property investors ahead of the May budget.

#NegativeGearing #CapitalGainsTax #PropertyInvestment #HousingCrisis #AustralianPolitics

https://newsletter.tf/australia-tax-rule-changes-property-investors/

Australia Treasurer Jim Chalmers Considers Tax Rule Changes for Property Investors Before May Budget

Australian Treasurer Jim Chalmers confirmed Treasury is modeling changes to negative gearing and capital gains tax for property investors ahead of the May budget.

NewsletterTFMar 1

The Australian government is looking at changing tax rules for property investors. This could affect how many properties people can claim tax losses on.

#NegativeGearing #CapitalGainsTax #PropertyInvestment #HousingCrisis #AustralianPolitics

https://newsletter.tf/australia-tax-rule-changes-property-investors/

Australia Treasurer Jim Chalmers Considers Tax Rule Changes for Property Investors Before May Budget

Australian Treasurer Jim Chalmers confirmed Treasury is modeling changes to negative gearing and capital gains tax for property investors ahead of the May budget.

Yonhap Infomax NewsFeb 27
President Lee Jae-myung has listed his Bundang apartment for sale below market value, signaling a strong commitment to real estate market normalization and stricter policies on speculative property ownership.
#YonhapInfomax #LeeJaeMyung #RealEstateMarket #BundangApartment #SpeculativeOwnership #CapitalGainsTax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=107290
'Single-Homeowner' President Lee Lists Bundang Apartment for Sale—Signals Commitment to Real Estate Market Normalization (Comprehensive Update 2)

President Lee Jae-myung has listed his Bundang apartment for sale below market value, signaling a strong commitment to real estate market normalization and stricter policies on speculative property ownership.

Yonhap Infomax
Show threadLats (314 ppm)Feb 27
@jhaue it wasn’t that good until John Howard turbo charged tax against the bulk of the population. The results are pretty clear as housing is now an investment rather than somewhere to live. Undoing the capital gains tax discount would be a great start.
#auspol #capitalgainstax
Yonhap Infomax NewsFeb 26
President Lee Jae-myung vows to deploy all policy tools to make selling more attractive than holding for both multiple and speculative single-home owners, signaling tougher regulations and taxes to curb real estate speculation and stabilize South Korea's housing market.
#YonhapInfomax
#LeeJaeMyung #RealEstatePolicy #MultipleHomeOwners #CapitalGainsTax #SouthKoreaHousing
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=107114
Yonhap Infomax NewsFeb 26
South Korea ends capital gains tax relief for multiple homeowners, with 62% public support, signaling a shift in real estate policy and political sentiment.
#YonhapInfomax #CapitalGainsTax #MultipleHomeowners #NBS #PublicOpinion #RealEstatePolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106977
62% Back End of Capital Gains Tax Relief for Multiple Homeowners – 27% Oppose [NBS]

South Korea ends capital gains tax relief for multiple homeowners, with 62% public support, signaling a shift in real estate policy and political sentiment.

Yonhap Infomax