The Guardian Australia
·general
·3 hours ago
Keating urges Labor to pursue capital gains tax reform without exemptions
Former Prime Minister Paul Keating on Wednesday urged Labor to proceed with capital gains tax reforms without exemptions, warning that carve-outs would distort the economy. Keating said the 1999 settings had diverted resources to housing at the expense of productive investment, and the new measures posed minimal threat to entrepreneurship.
Summary by Glance · The Guardian Australia
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