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Modelling shows 90% of young Australians will be better off under Labor’s tax reforms
The $1,000 tax deduction, $250 ‘working Australians tax offset’, and CGT and negative gearing changes will benefit most young people, Treasury secretary says
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theage.com.au
Albanese plots CGT concessions to avoid angry backlash from small business
Poor explanations of the budget’s tax changes have confused mum and dad traders across Australia, and senior ministers are worried about the political pain the government will…
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smh.com.au
Nine in 10 young Australians to be better off under tax changes: Treasury data
But the top 1 per cent of income earners would lose about $400,000 worth of tax concessions over their lifetime, Treasury secretary Jenny Wilkinson revealed on Thursday.
