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When the rich get richer they pay little tax on the gains

  • Written by: The Conversation Contributor
imageAustralia's current tax system favours excessive spending on homes.Image sourced from Shutterstock.com

Should we tax the capital income people receive from their investments or property? This may seem a strange question - don’t we already?

But the answer is that due to exemptions, we collect virtually nothing when people make a gain on...

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