Larissa Waters (Queensland, Australian Greens) Share this | Hansard source

There's speculation today that Labor will reform the capital gains tax discount in this year's budget. According to Treasury, an astonishing 54 per cent of this tax handout goes to the wealthiest one per cent and just four per cent of it goes to people under 35. This is the most unfair tax handout in the Commonwealth tax code. When will Labor scrap this handout to the one per cent?