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RE: LeoThread 2025-11-06 01-13

in LeoFinance17 hours ago

Part 7/9:

He expressed distrust in the Labor government’s economic plans, particularly its intention to tax unrealized capital gains in superannuation funds, which currently stand at around $3 million. McGra voiced concern over Labor’s broader fiscal strategy, suggesting that the party's real aim is to raise revenue through asset taxes—potentially lowering thresholds and applying similar measures to other assets—with little regard for the impact on investment and productivity.

Concerns over Labor’s Spending and Taxation Strategies