There is no economic case for taxing work and investment the same

Source: afr.com
2912 points by mkultra69666 11 days ago on reddit | 453 comments

Opinion | Richard Holden

Richard Holden

There is no economic case for taxing work and investment the same

Jim Chalmers is pushing a wealth-destroying agenda that ignores financial experts and threatens to stifle growth in our best companies.

This is another fine mess Jim Chalmers has got himself into.

Just when one might have thought that he couldn’t top the economic illiteracy and political stupidity of taxing unrealised capital gains, he’s outdone himself with the proposed changes to capital gains tax.

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