Australia's largest stock trading and investment forum Australia's #1 stock forum

NG on housing, capital gains tax discount, multi national tax avoidance, page-53

First 53 Last

Share
Profile

Follow
eagle888

46,202 Posts.

3

20/02/17

15:33

Post #: 22753277
Share

Originally posted by LesPaul ↑

negative gearing ENABLES property market with dividends to all levels of government as per below. Now which bright spark is going to find a $45B tax revenue black hole because we played with the property market and stuffed it? After that you'll be trying to invent a tax scheme which penalises only those that invest in property by way of capital gains obligations.... furthest column on right is 14-15. If you honestly believe you will make the $45B figure bigger by dropping NG then I find that difficult logic to follow. If you want our younger generations to have access to this asset class then that's a different story and thread, and a worthy one at that. View attachment 470897
http://www.abs.gov.au/ausstats/[email protected]/mf/5506.0

Expand

Bulldust! how much was the cost of tax foregone because of negative gearing. Where is that figure?
Besides how does negative gearing on existing homes contribute given the homes are already built.

Last edited by eagle888: 20/02/17
2 Upvote

Reply

Top Stories

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

CIA

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

PDN

Paladin sinks over -9% as holders mull lofty Langer Heinrich uranium estimates

ILU

Iluka hits guidance – but zircon win comes with warning on 'trade uncertainty'

ASX Market Open: Extraordinary RBA vote minutes lead Oz futures into rise | July 23

First 53 Last