@BenPhillips_ANU Houses were much smaller then. Try and buy a 3 bedroom 1 bathroom 100m2 house now. None of the analysis seems to take that into account
@DerekFranc90653 Still don't see how you get a CGT tax rate of over 50% when the top marginal rate is 47%. Unles it's that BS about not being able to carry foward real losses for 10 years which nobody does ever.
@chrisbrycki@australian Makes sense. There's only ever been 2 ways to make money out of shares. Sell at a profit or collect dividends. Profits are now taxed at your marginal tax rate with small discount. Dividends have always been taxed at your marginal tax rate less the tax already paid by the company
@Scutty So beacuse one policy had unintended consequences we should never have any new policies. And it was a Dept of Health policy not a Treasury policy.