The Age
·general
·1 hour ago
Treasurer Chalmers rejects limits on capital gains tax overhaul plan
Australian Treasurer Jim Chalmers rejected calls to limit capital gains tax changes to investment properties, resisting pressure from Labor MPs worried about business owner backlash. The government plans to rush the overhaul through parliament with minimal scrutiny. Chalmers defended equalizing tax treatment of labor and capital income, citing support from former Prime Minister Paul Keating.
Summary by Glance · The Age
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