POLITICSTHE GUARDIAN WORLD
Anthony Albanese visibly emotional after defending Labor’s capital gains tax and negative gearing changes
Australian Prime Minister Anthony Albanese passionately defended Labor's proposed tax reforms, including changes to negative gearing, capital gains tax discounts, and family trusts, despite facing sustained criticism. The reforms aim to limit negative gearing to new-builds, adjust capital gains tax calculations, and impose a 30% minimum tax on discretionary trusts.
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