Australia's largest stock trading and investment forum Australia's #1 stock forum

Labour's proposed CGT increase - Election Issue, page-5

First 5 Last

Share
Profile

Follow
LetoMax

52 Posts.

07/03/19

15:21

Post #: 37687292
Share

Originally posted by subi1: ↑

It is designed to encourage long term investing.

A person has to hold the investment for longer than 12 months to get the benefit.

That is an eternity in the markets of today.

Also it was the conditions set when purchasing the investments.

Changing the goalposts all the time creates uncertainty and is bad in my opinion.

Expand

Correct... why penalize more? We are paying and have been paying tax on all our income and all our CGT for many years.... Why decrease to 25%?

Last edited by LetoMax: 07/03/19
1 Upvote

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

AXP

Tambourah chases gold veins and mineralisation extension with drilling

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 36 more messages in this thread...

First 5 Last

SPONSORED BY