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Labor could ‘double' capital gains tax rate

Labor could ‘double' capital gains tax rate

Sky News AU2 days ago
Former assistant Treasury secretary David Pearl says Australians should expect higher taxes under the Labor Party.
'The outcomes will already be developed by now,' Mr Pearl told Sky News host Chris Kenny.
'Jim Chalmers and Albanese are from a school of political management that doesn't tolerate any spontaneity or any surprises or any real discussion in their so-called roundtable.
'We could see doubling of the capital gains tax rate … and we could also see negative gearing [changes].'
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