Back to Negative Gearing, page-122

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    The CGT discount replaced the indexation method. The original policy was to tax "real" gains only and not gains due to inflation. Since the 2008 GFC, the supply of money has doubled and most of any gain since then has been due to inflation. There are no figures(as far as I know) to measure the "real" gain over the years. Labor's intended policy to simply reduce the discount from 50% to 25% is sheer madness.
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