Coe questions Labor’s free tax kick

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Alistair Coe
LEADER of the Opposition Alistair Coe is questioning why an eight townhouse complex in Braddon faces a $240,000 lease variation tax when the Labor Club paid nothing for its apartment building on the same street. 

The Labor Club is currently developing an apartment building in Braddon on the site of Labor’s former party headquarters and according to the government’s new policy, the development would attract a tax of $1.08 million, however, Mr Coe says Labor did not pay a dollar.

“At a time when there is a housing shortage and the cost of renting and purchasing is rapidly increasing, the lease variation charge does not make sense,” he says. 

“Rather than giving itself a free-kick, Labor should pay the $30,000 tax for each of the 36 apartments.

“Andrew Barr should demand that the tax he is charging everyone else should also be paid by Labor.”

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