CGT changes pit desires of entrepreneurs against wage earners

We’re two weeks away from Jim Chalmers’ bold new tax regime and it’s fair to say the investor class isn’t too happy.

While the government probably expected some backlash from changes to negative gearing, it appears to have been surprised by the explosion of social media over changes to capital gains tax – much of it driven by video influencers taking to vertical video screens to complain about Labour’s “ambition tax”.

Joseph Daoud, founder of mortgage broker It’s Simple Finance, purchased real estate worth tens of thousands of dollars Digital billboards at Canberra Airport.