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

another stupid idea from Labor...., page-60

First 60 Last

Share
Profile

Follow
DavoMagic

18,725 Posts.

59

02/05/22

00:27

Post #: 61135567
Share

Originally posted by DavoMagic: ↑

I was just thinking about this.

Take one of these mortgages.

So you pay 300K instead of 600k. I don't know the exact breakup but for the purposes of example. Or holder has 500K mortgage for 1 million dollar priced house, taxpayers on the hook another 500K

Interest rates go to 18 percent. Have a less mortgage, your fine, taxpayer problem for the rest,

Lol talk about putting the RBA between a rock and a hard place. AUS dollar exit?

Expand

Another way to look at this is the wealthy are on the hook for other peoples mortgages. They are the most capable to pay tax.

So it looks like the elite want to put Gina and co on the hook for other peoples mortgages
Upvote

Reply

Top Stories

ENR

Encounter's Aileron recon success 'illustrates how much more still to be found'

TRS

Don't cry that it's over: The Reject Shop shares to disappear on Wednesday

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

AII

Almonty Industries shares EXPLODE! Rheinmetall, Renk, and Hensoldt left in the shadows!

Tuesday's HotCopper trends: Paradigm funding, Nanoveu drone gains | July 1

First 60 Last

SPONSORED BY