Negative gearing and capital gains tax reform: what’s in the public interest?
Negative gearing and capital gains tax have been much debated over the last few months. In this event, John Daley, CEO of the Grattan Institute, and Simon Cowan, Research Manager of the Centre for Independent Studies work through the issues.
What are the economic effects of taxes on investment? Do current taxes unduly favour some investments over others? Will changes to negative gearing and capital gains tax have big impacts on rents, property prices, construction activity, or home ownership? What are the relative merits of different models for reform? And who will lose – and who will win – from reform?