provide retirement funding? Will you also allow for losses?? The problem funding an insatiable state appetite is the result of successive govt's turning voters into beneficiaries. We are rapidly running out of "other people's money" The adjustment to reality is going to be very painful. Taxing everything that moves to chuck money down a black hole is only going to make things worse and fuel the "black economy". And yes I believe a CGT will target the family home and taxing that kind of "capital" is nothing short of bloody theft. Your home is already a tax paid investment. But a rich guy pushing this daft idea makes it OK??? A Frenchy once said "The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least possible amount of hissing" Colbert 17th C. This idea og GM's has got the geese hissing . I own my house to live in. I don't want to pay a tax on unearned wealth. I suspect most elderly people on pensions would have a hiss too. If there's a hole in the tax base then politicians can fix it by spending less.Stop plucking us.! Easy to value CAPITAL. Get a bank to get a valuer to give a favourable/unfavourable valuation. Depends which lever you wish to leverage/de-leaverage, depending who is doing what to whom. Naturally there will be cost involved for all interested parties, including taxman as plus GST for fees etc, then there will