Quote Originally Posted by Bjauck View Post
Only if capital gains (yes a more general CGT including owner occupied housing) are taxable. Otherwise I don't think it would be good for the country to make the tax system even more regressive than it already is.
It would reduce the income gap. e.g. to attract skill there's little point in offering another 5k a year when that is taxed at 39% - so more must be paid by the employer which indirectly means the employers' customers.