Full steam ahead for controversial new tax measures
CONTROVERSIAL tax changes that have drawn widespread opposition will guarantee aspiration and fairness for future generations, according to the Labor Party. Treasurer Jim Chalmers introduced a landmark bill to parliament on Thursday that includes changes to capital gains tax and negative gearing, as well as a $250-a-year rebate for workers. “This is a bill for workers, for first home buyers and for future generations,” he told the House of Representatives. “It will help ensure that aspiration and opportunity are the birthright of every Australian and not just some.&