PoliticsFederalFederal budgetOpinionI’m a teal MP. I want Labor to make the case for broader CGTThe government has work to do to explain why a tech founder and a passive property investor should face the same treatment.Monique RyanFederal MPTax reform is always hard. It is hard because it involves distributional choices – because its costs fall on different people at different times, and because those who benefit from the status quo will always fight to keep it.That’s not a reason to avoid reform, it is a reason to do reform well.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In FederalFetching latest articlesMost Viewed In Politics
I’m a teal MP. I want Labor to make the case for broader CGT
The government has work to do to explain why a tech founder and a passive property investor should face the same treatment.
TL;DRAI
Australian MP Ryan advocates broader CGT to equalize taxation between tech founders and passive property investors. Broader CGT reduces equity incentives for startups and signals escalating regulatory pressure on capital gains impacting tech compensation globally.
116 words~1 min read
