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flag Former ACTU head Bill Kelty urges Labor to overhaul taxes, not just tweak capital gains, to ease young Australians' financial burdens.

flag Bill Kelty, a former head of the Australian Council of Trade Unions, has urged the Labor Party to pursue sweeping tax reforms instead of minor capital gains tax changes, calling the current system "cruel" to young Australians. flag Speaking at a Senate inquiry, he argued that tax policy should be restructured to reflect real economic gains after inflation and reduce burdens on younger generations, especially amid housing affordability crises. flag Kelty emphasized the need for broad reforms, including personal income tax cuts and spending adjustments, to ensure fairness and long-term equity, drawing parallels to the progressive economic vision of the Hawke-Keating era. flag His remarks highlight growing internal pressure on Labor to adopt a more transformative approach to tax policy.

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