What a ridiculous proposition… taxing the family home when it is sold!
People don’t sell their home to “make a profit”. They sell their home because they want to move to another place. For governments to prey on this shows how desperate they are becoming.
It’s bad enough that we have to pay stamp duty for the privilege of buying our own home (whereas renters are exempt for this).
Don’t these idiot politicians and their policy wonks understand what’s happening? We’re in a global deflation. For governments to go hunting for money in such ways is only going to accelerate and worsen this deflationary cycle.