Tax breaks on superannuation, capital gains to cost $300b
Tax breaks on capital gains and superannuation could cost almost $300 billion over the next three years, budget figures show, renewing calls for the Abbott government to scale back concessions.
Tax breaks on capital gains and superannuation could cost almost $300 billion over the next three years, budget figures show, renewing calls for the Abbott government to scale back concessions.
Economists said exemptions on fresh food, education, health and financial supplies from the goods and services tax – estimated to cost almost $78 billion over the period – also need to end.
