shockedcanadian
Diamond Member
- Aug 6, 2012
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Remember Harris pushing a capital gains tax on unrealized investment income? This is being pushed in Australia. Just astounding to me. https://www.skynews.com.au/business...s/news-story/dd848e54a8b5f6a73768037ad56a197c.
Labor is “gaslighting the Australian people” by claiming its proposed super tax will impact a small sliver of the population, a leading fund manager has warned as the government and the Greens close in on a deal.
The Albanese government’s controversial plan to double the tax rate on funds in super accounts above $3m and hit unrealised gains could soon be legislated.
Labor has claimed the tax will hit just 80,000 super accounts, however, Wilson Asset Management founder Geoff Wilson, who has launched a petition opposing the plan, said by forcing Aussies to pay taxes on paper gains it will hinder investment in Australia.
Labor is 'gaslighting the Australian people' on unrealised capital gains tax proposal, Geoff Wilson warns
Labor is "gaslighting the Australian people" by claiming just a sliver of the population will be impacted by its super tax proposal, a leading fund manager has warned.Labor is “gaslighting the Australian people” by claiming its proposed super tax will impact a small sliver of the population, a leading fund manager has warned as the government and the Greens close in on a deal.
The Albanese government’s controversial plan to double the tax rate on funds in super accounts above $3m and hit unrealised gains could soon be legislated.
Labor has claimed the tax will hit just 80,000 super accounts, however, Wilson Asset Management founder Geoff Wilson, who has launched a petition opposing the plan, said by forcing Aussies to pay taxes on paper gains it will hinder investment in Australia.
