View Poll Results: Should there be a Capital Gains Tax on Property
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No
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Yes
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Goff is just an idiot
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Epic fail for Labour
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Originally Posted by Baa_Baa
Which includes capital gains on shares (assets). I wonder how people will feel about losing their marginal tax rate on their capital gains on shares when they sell them, or when their estate sells them. I think it sucks.
Plenty of people pay income tax on shares they sell now, and of course that's at marginal tax rates. If you are deemed to be a trader you will pay tax on profits, whether it's cars, houses, shares, second hand furniture, holes to put in swiss-cheese, or widgets you're selling.
Last edited by fungus pudding; 21-02-2019 at 10:01 PM.
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