Why would anyone want the CGT discount removed from shares and other non-housing investments though? Those affect renters too. It’s just another tax grab on money that the government has no right to tax.
I’m fine with removing the discount on housing, but there’s no justifiable reason to remove it from everything else. If it’s about housing like they said, why does it apply to shares?
They’ve also done nothing to address the actual biggest issue - supply and demand. Nothing to increase supply, nothing to decrease demand.
Why would anyone want the CGT discount removed from shares and other non-housing investments though? Those affect renters too. It’s just another tax grab on money that the government has no right to tax.
I’m fine with removing the discount on housing, but there’s no justifiable reason to remove it from everything else. If it’s about housing like they said, why does it apply to shares?
They’ve also done nothing to address the actual biggest issue - supply and demand. Nothing to increase supply, nothing to decrease demand.