- IT MAY not come as a surprise to many but the Prime Minister’s electorate of Wentworth has been identified as the area that benefits most from the capital gains tax discount.
While the Turnbull Government has defended the capital gains tax discount, along with negative gearing as benefiting “mum and dad” investors, the figures show a very different story.
New research from The Australian Institute reveal the electorate getting the largest advantage from the CGT discount is the Prime Minister’s.
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The top 10 electorates by CGT discount. Source: The Australia Institute Source:Supplied