Capital Gains Tax

[Bjauck]

Im not suggesting a business ought be subject to CGT but for a start there are all sorts of tax breaks for a business (deductables, R&D credits when they are in vogue etc) that houses dont get during the lifetime and the whole point of a business is to make money so if CGT tax were implemented it seems a very different beast to a home which is, in the first instance, a place to live. One of the key elements of thingy's hierarchy of needs. Quite why you want to tax an owner occupied house for the sake of being a house, what it is you're trying to achieve, I cant see.

Al investments classes are for sustenance.

The point of owning a home is to provide a benefit (shelter) for which you would to pay rent out of taxed income if you did not own it.
The point of earning income is to enable you to pay for shelter.
The point of owning a business is to enable you to pay for shelter.
The point of owning shares is to enable you to pay for shelter.

For consistency, all or none should have their annual net benefit assessed for tax, and be included in any CGT.