remove neg gearing? find me 33 billion please, page-4

  1. 2,796 Posts.

    Les paul, you havnt thought this through

    if house prices fall government makes more in tax revenue

    The money not spent on a house is spent else where and gov collects 10%

    Then every year after money not spent on bank interest now gets spent else where and collects 10% in tax

    amount of homeless will drop as rents fall back to normal and gov doesnt need to fund as many programs

    with people spending less on houses and more back into economy this drives new jobs and gov collects more tax

 
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