Treasurer Jim Chalmers told his department in February that the federal budget would “put the economics before the politics.”After announcing the biggest tax overhaul in more than a quarter of a century without any meaningful public consultation, Labor is trying to legislate complicated changes to capital gains tax and negative gearing within six weeks by July 2 before Parliament rises for the winter break.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Labor’s tax rush is all about politics, not economics
Some of the criticisms of Labor’s tax changes are valid, while some claims are wildly exaggerated. The government should take the time to fix its tax package.
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