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Modelling shows 90% of young Australians will be better off under Labor’s tax reforms
(www.theguardian.com)
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I have to remind myself to keep calling it Income, and all income should be taxed equally. Sold some shares for profit? that is income. Sold an investment property for profit? That is income. Family trust is earning intrest? This is income. Started a small business and sold it for profit? That is income!
This.