Finally fixing capital gains tax is good – but linking it to another tax cut for Australia’s rich is bollocks | Greg Jericho

With less than three months to go until the federal budget, you are going to be hearing a lot more about tax. It seems that something is finally going to be done to fix the capital gains tax, but already conservatives are working to give the richest another tax cut.

The new shadow treasurer, Tim Wilson, has followed up his line that unemployment is too low by arguing high-income earners need a tax cut – because, poor dears, they are taxed too much to bother working.