Labor’s unrealised gains tax could be used to tax the family home: Morrow
Sky News host James Morrow has warned that the Albanese government’s unrealised gains tax could lead to taxes on the family home.
“This is so sinister, and I want to walk everybody through why it’s so sinister because we’re starting to see a lot of pushback in the media now,” Mr Morrow said.
“It is a really, really big deal for a number of reasons.
“The regulations that are going to enable this shift are written in such a loose way that they could eventually be used to tax other asset classes, including the family home.”