What will Labor’s capital gains crackdown mean for the property market? | 730 SUBSCRIBE: https://www.youtube.com/watch?v=8rREdMMfZT4 : Along with Labor’s proposed changes to negative gearing and franking credits, its plan to half the capital gains tax discount from 50 to 25 per cent is one of the big revenue raisers it’s taking to this year’s election. The change will mean investors pay more tax on assets they sell and some economists think it could have a big impact on the price of property.
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