24,000 millionaires pocket half of capital gains tax break: Oxfam Australia
Nearly 50% of the capital gains tax discount went to just 24,000 people who earned over $1 million in 2022–23, according to a new Oxfam Australia report, as the anti-poverty organisation calls on the Australian government to better tax wealth and end unfair tax discounts. On average, each of these individuals gained a staggering $271,000 […]