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CGT like its 1999: Chalmers leans toward scrapping Howard-Costello tax discount
The change would target investor windfalls and could raise modest extra revenue, with 42% of poll respondents backing a cut to the CGT concession.
Summary by Sydney Morning Herald
5 Articles
5 Articles
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CGT like its 1999: Chalmers leans toward scrapping Howard-Costello tax discount
Scrapping the capital gains tax discount would likely deliver a tax hit to investors, as Jim Chalmers promises “intergenerational equity” in his May 12 budget.
·Sydney, Australia
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Total News Sources5
Leaning Left2Leaning Right1Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 25%
R 25%
Factuality
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