Re: Capital Gains tax on principal residences
You already have to pay capital gains on any principle residence if sold sooner than 2 years occupancy. Implementing any other tax as the OP has suggested would cripple our housing market and drive us into recession stagnating any future growth potential short of the wealthy. That’s another reason to get off your ass and vote, plus encourage/help others to do the same.
If you can pack it in, You can pack it out !!!
UNITED WE STAND, DIVIDED WE FALL !!!
BCWF
WSSBC
CCFR
" The secret of change is to focus all your energy, not on fighting the old, but building on the new"
Socrates.