Tax on investment gains
🇳🇿 NZ: 0%
🇸🇬 Singapore: 0%
🇨🇦 Canada: 27% max
🇬🇧 UK: 20% – 24% max
🇺🇸 US: 20% max
🇮🇱 Israel: 25% (Standard)
❌❌ 🇦🇺 Australia: 30% - 47%
Labor’s new minimum capital gains tax is HIGHER than the max in most nations.
Higher taxes = less investment.