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Is the capital gains tax discount an act of intergenerational ‘bastardry’?

  • Written by Warwick Smith, Honorary Fellow, School of Social and Political Sciences, The University of Melbourne

Former Treasury Secretary and chair of the Henry Tax Review, Ken Henry, has described the intergenerational injustice built into Australia’s tax system as an intentional “act of bastardry”.

Treasurer Jim Chalmers also seems convinced there is a problem that needs solving and has recently been using the phrase “intergeneration...

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