More Than 40 Young Tech Leaders Push Back on Labor’s Capital Gains Tax Overhaul

'We work the hours, we carry the risk,' the tech start-up founders said in the letter.
More Than 40 Young Tech Leaders Push Back on Labor’s Capital Gains Tax Overhaul

More Than 40 Young Tech Leaders Push Back on Labor’s Capital Gains Tax Overhaul Over forty Australian tech business leaders under 40 have written to Prime Minister Anthony Albanese. They are urging him to exclude shares and business equity from the government’s capital gains tax changes. The signatories believe they represent the type of entrepreneurs the government aims to support, emphasizing their hard work and risk-taking.

  • More than 40 Australian tech business leaders under the age of 40 have signed a letter to Prime Minister Anthony Albanese.
  • They are requesting that shares and business equity be exempted from the government’s capital gains tax overhaul.
  • The signatories identify themselves as young Australians building successful businesses, working long hours, and carrying significant risk.
  • They state they are doing this because they believe in their businesses and are encouraged to foster a spirit of entrepreneurship for the country.

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