Small business investment, trust structures singled out in Spender tax proposal
Teal MP Allegra Spender says capital gains tax reform, and a major overhaul to the way family trusts are taxed, would make the system fairer.
Teal MP Allegra Spender argues capital gains tax reform, and a major overhaul to the way family trusts are taxed, could encourage small business investment while making the tax system fairer for young Australians.
The Independent Member for Wentworth released her first tax white paper on Wednesday, offering what she called a budget-neutral proposal to balance the scales in Australia’s tax system.
In broad strokes, it argues working-age Australians shoulder too much of the tax burden through income tax, and that marginal tax rate cuts would benefit wage-earners.
Sign up to continue
You've reached your article limit. Create a free account, or log in to continue.
Get our free newsletters in your inbox and extended article access by submitting your email.
Comments