The missed opportunity

THE NEWS that the Tax Working Group had recommended Capital Gains Tax (CGT) was initially met with some disdain – but as it was explained, more and more people came to realise it was a sensible tax designed to make the taxation fairer.

Now that it (CGT) has been dropped ‘for good’ it seems that tax reform is off the agenda altogether. How and why CGT has been dropped is anybody’s guess but it looks as though government was not only heavily lobbied by vested