According to the Centre for International Economics, Bill Shorten’s proposed changes to capital gains tax policy will cut $1.4 billion a year. The yearly loss to state revenue will be $1 billion plus $400 million in GST receipts. SQM Research looked at Labor’s Negative Gearing Policy. They forecast a $2.3 billion drop in stamp-duty in … Continue reading Bill Shorten’s Tax Policy Will Short States By $1.4 Billion