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