Brisbane Times
·general
·2 hours ago
CGT like its 1999: Chalmers leans toward scrapping Howard-Costello tax discount
Treasurer Jim Chalmers has indicated a shift back to the original capital gains tax system, foreseen as a key component of the May budget. Critics argue the current 50 percent discount has fueled property investment, impacting housing affordability. A poll shows 42 percent support for changes to the CGT concession, highlighting public interest in tax reform.
Summary by Glance · Brisbane Times
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