"The stats show that 80% of the people that negative gear properties are on incomes of $80,000 or less so that is hardly rich.
In fact for a lot of ordinary Australians it is their way of preparing and providing for their retirement."
load of crap ... where did you get those stats?
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- Why Negative Gearing should be scrapped
Why Negative Gearing should be scrapped, page-31
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Iggy Tan, Executive Chairman
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