Is the capital gains tax discount an act of intergenerational ‘bastardry’?

Is the capital gains tax discount an act of intergenerational ‘bastardry’?

If we want to avoid becoming a nation where the great divide is between those who own property and those who never will, we should jump at the chance for reform.

Former Treasury Secretary and chair of the Henry Tax Review, Ken Henry, has described the intergenerational injustice built into Australia’s tax system as an intentional “act of bastardry”. Treasure… [+5764 chars]
Is the capital gains tax discount an act of intergenerational ‘bastardry’? - FHMnews