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Capital Gains Tax

Comment 20th August 2010

Why not make calculation/payment of Capital Gains Tax more like betting tax where you could pay an amount on the purchase price OR on any gain.  The advantages are much simpler for the citizen, govt gets some income earlier.

Why does this matter?

 

As simpler it would also encourage more sales/purchases to take place which would also encourage greater tax revenue and lower prices/tax all round.

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