Labor appears set to reform capital gains tax discount after parliamentary inquiry findings
Australia's Labor government is considering reforms to the capital gains tax discount based on findings from a parliamentary inquiry that point to its role in exacerbating inequality in the housing market.
An elite of heirs is consolidating in China
China's rapid economic growth has led to a significant wealth accumulation, but the upcoming intergenerational transfer is poised to exacerbate inequality and privilege.
The main injustice today is against our children and grandchildren
The article discusses the negative intergenerational income distribution and its implications for future generations in Argentina.
Tax expert worried Australia on path to neo-feudal society as housing wealth drives inequality
A leading tax expert warns that increasing housing wealth in Australia may lead to neo-feudal societal structures, where prosperity is increasingly dependent on inherited property.
Reducing inequality means taxing capital more — including inheritances
The analysis discusses the need for taxing capital, including inheritances, to address intergenerational inequality in Australia.
No inheritance, no home: the unjust wealth transfer – podcast
In a podcast episode, experts discuss the implications of the significant intergenerational wealth transfer expected in Australia, where rising house prices force many to rely on inheritances to secure home ownership.
Death tax? Property tax? Four ideas that could offset inheritance inequality in Australia
The article discusses potential tax reforms in Australia aimed at addressing the looming inequality from an upcoming $5.4 trillion intergenerational wealth transfer.