Wouldn't that be a dream. Nobody seems to be arguing that we are taxed too much. 30% is too much.

No I’m not. But bringing the CGT for everyone else in line with the rates for super for productive investments might actually generate more revenue for the government. Indeed a heck of a lot more good jobs and new ventures. Particularly if negative gearing no longer exists

Should the Treasurer who makes the rules pay less CGT than a young kid working full time on the award wage who invested to save up to bootstrap a biz he wants to start?

How much CGT will you pay on $10k profit? - Full time Maccas Employee- $3000 - High income earner - $4700 - Jim Chalmers via his Superfund - $1000-$1500 Thats how the carve out works

Reminder with all the excitement over CGT for investments the 2 largest tax concession assets (by far) remain untouched with owner occupiers enjoying 0% CGT and super 10% during accumulation phase and 0% in retirement phase (for almost everyone)

I’m finding most people who agree with the tax changes are carved out via Super and home ownership. And none have indicated how the tax changes will increase productivity.

Hi All. Here is my submission to the senate inquiry in full. @GeoffWilsonWAM @DerekFranc90653 @chrisbrycki

Interesting stat comparing unemployment rates without CGT, Keatings CGT era and current CGT era