“60 per cent of taxpayers who declared a capital gain had taxable incomes of less than $80,000”
What RMIT ABC Fact Check found
Mr Frydenberg's claim is misleading. He points out that more than 60 per cent of taxpayers declaring a capital gain in a given year were on taxable incomes of less than $80,000. However, this paints a distorted picture. Taxable income is a poor indicator of household wealth, as noted by leading tax and economic modelling experts and previously reported by Fact Check in January and November. Relatively well-off individuals (and households) can reduce taxable incomes in a variety of ways. They ...
Their words, from the summary they publish with the rating.
In short
Josh Frydenberg (Treasurer) made this claim around 15 January 2021. RMIT ABC Fact Check (Australia) looked into it and published its finding on 26 February 2019. Its rating was “Misleading”.
Josh Frydenberg has 9 checked claims in this archive. Fact-checking organisations rated 0 of them false or fake, 7 misleading or mixed and 2 true.
Where the claim appeared
Links recorded by RMIT ABC Fact Check. Some posts may have been deleted since.
This check was done by RMIT ABC Fact Check, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.