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Flat White

Why Labor’s changes to capital gains fail the fairness test

18 March 2019

1:38 PM

18 March 2019

1:38 PM

In the run-up to the next election, the Labor party continues to press the narrative that its proposed policies are based around the most basic Australian value of fairness, in pursuit of a more egalitarian nation.

While Labor is correct to recognize that a slowing economy and an aging population present a number of challenges to the federal budget and the future prosperity of our nation, their proposed remedies continue to resemble a sledgehammer approach to a problem that requires the skilled scalpel of a fiscal surgeon.

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