Letter

In response to How Australia should fix capital gains tax

Capital Gains Tax

Perhaps instead of reducing the CGT rate, might it be easier and more acceptable to reduce the number of properties that it can be claimed on? For instance, commence an annual reduction of the number of claimable properties from 10 and above, to eight then six then four, finally settling at two allowable properties. This would seem to leave small investors unaffected, and be more politically acceptable to them. It would also seem to be easy to implement, understandable by accountants, property owners, and politicians.

Michael Dwyer from Brisbane