Projected revenue from capital gains tax falls short of government expectations, says PBO

The Parliamentary Budget Officer is projecting an increase of $17.4 billion in income tax revenue from 2024-25 to 2028-29 from the Liberal government's increases to the capital gains tax.

Projected revenue from capital gains tax falls short of government expectations, says PBO
A brunette woman with blonde highlights stands at a podium with a microphone. Several people in business atire stand behind her. She has an open folder on the podium with pages, and has her hand lifted casually as she speaks.

The Parliamentary Budget Officer is projecting an increase of $17.4 billion in income tax revenue from 2024-25 to 2028-29 from the Liberal government's increases to the capital gains tax.