Oxfam Australia reaction to Senate Inquiry into the Capital Gains Tax discount report
A Senate inquiry report released today has added fresh momentum to calls for reform of the capital gains tax (CGT) discount, said Oxfam Australia, amid growing evidence the policy disproportionately benefits wealthy investors and worsens inequality. The inquiry’s findings reflect long-standing concerns that the tax system is allowing large concessions on investment income while many Australians face […]