Taxing capital gains less than income tax encourages risk taking and entrepreneurship, which spurs economic growth. So the theory goes.
Today's Aussie finance update: https://t.co/jSOeJwsPBM
What can we learn from the FOMC minutes? NAB’s David de Garis talks to me about expectations from the US, a failed bond auction in Germany and a new ultimatum for Boris Johnson. https://t.co/oXPaIV86Fg