Summary of proposal
Party
Australian Greens
Policy Topic
Taxes
Portfolio
Treasury
This request sought budget analysis on the revenue forgone in relation to the cost of negative gearing and the capital gains tax discount applied to residential properties.
This analysis was to include the annual tax revenue forgone from negative gearing deductions and the CGT discount for each income decile over the medium term. The requestor asked that tables be presented in percentage form, representing the proportion of revenue forgone associated with each taxable income decile.
01 October 2024