The John Hyde Archives

Historic archive of articles and newspaper columns written by former Australian politician John Hyde OAM.

Tax No 3

Taxation 

  • A new capital gains tax where it taxes only real gains and allowing real losses would improve equity and economic neutrality but would be extremely difficult to administer
  • An improvement would be to have a broad-based consumption tax through taxation of an approximation of real capital gains and removing special privileges from the income tax act