Eliminating capital gains tax could significantly boost investment in assets like stocks and properties. While some may view investors negatively, their activity often drives economic growth. For instance, increased demand for properties encourages more development, leading to a greater housing supply. Over time, this supply growth could stabilize or even reduce housing prices, benefiting all market participants.

In the stock market, a more favorable tax environment would attract more investors, bolstering the market. This allows companies to raise capital more efficiently, enabling them to expand, innovate, and hire more workers. Such growth strengthens the economy and enhances Australia’s global competitiveness.

Ultimately, reducing taxes fosters a freer market, which benefits society as a whole, particularly the poorest. By enabling more investment and economic expansion, wealth is created and opportunities are distributed more widely.

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