Capital gains are income so why are they taxed less than wages?

29/12/2024 29 min
Capital gains are income so why are they taxed less than wages?

Listen "Capital gains are income so why are they taxed less than wages?"

Episode Synopsis


Australia starting taxing capital gains in 1986, stamping out a whole lot of tax evasion in the process.So why in 1999 did the Howard government introduce a discount on that tax? And how has that concession impacted investing in property?