The Guardian
UK · 1 hrs ago
✦ 78← Left
Paul Keating urges Labor to stick with capital gains tax overhaul and avoid exemptions that would hurt economy
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Quality 78/100
Partisan intensity 35/100
ObjectivePartisan
← Left ✓ Fair headline
Former Australian Prime Minister Paul Keating has publicly urged the Labor government to proceed with its controversial capital gains tax reform without exempting commercial assets, arguing the changes are modest and necessary to avoid economic distortion.
Paul Keating urges Labor to stick with capital gains tax overhaul and avoid exemptions that would hurt economy
Exclusive: former PM says the changes to tax rates are ‘so marginal that no entrepreneurial initiative is likely to be thwarted’
Paul Keating has urged Labor to stick to its guns on controversial changes to capital gains tax, warning exempting commercial assets from the changes would further “distort” the economy.
Small business and the start-up sector are fighting the Albanese government over its plans to shift the 50% capital gains tax discount to an inflation-based model, part of a suite of t
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