@liamvhogan
Yeah, the whole article is so one sided; it reads like that’s what the ‘journo’ was told to do… but that line: “younger Australians worried about their future wealth” just takes the cake.* 🧁
Fascinating how it never manages to explain the simplicity of the future arrangement (some years in the future, mind you) whereby all asset classes will be treated the same for CGT purposes.

Or have I missed something? 🤔

*only beaten by “Nation of landlords who aren’t even landlords”

#CGT #CapitalGainsTax #AusPol #taxationReform #futureLandlords

@johnquiggin

Yes! That is the question: “Why, for example, are generous land tax exemptions NS payroll tax breaks for SMEs more important than properly funded schools and health services?”

#Choices #ReconnectingConsequencesToCauses #TaxationReform thinly disguised #TaxEvasion

Dennis is among thousands of low-income Australians getting rental support from the government. But, that 'lifeline' is about to be taken away. - All rental subsidies, first home grants etc fuel the rising costs of housing. #TaxationReform & increased #PublicHousing are the answer.
https://www.abc.net.au/news/2023-03-24/rental-affordability-scheme-nt-advocates-call-for-extension/102109982
Advocates call for extension of National Rental Affordability Scheme amid tight rental market, soaring cost of living

Pensioner Dennis Hayes is among thousands of Australians who are set to fall off the government rental scheme. Advocates say it must be extended, to avoid pushing people into homelessness. 

ABC News