Assertion: negative gearing | /r/CapableOf | halve the capital gains tax discount
Facets:
value: to 25%
type: OTHER
Source sentences:
text: Negative gearing continues to be a controversial political issue in Australia and was a major issue during the 2016 Australian federal election and the 2019 Australian federal election, during which the Australian Labor Party proposed to eliminate the tax-deductability of negative gearing losses against non-investment income (with some exceptions), and to halve the capital gains tax discount to 25%.