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Scott Morrison scoffs at $100 million negative gearing claim, page-26

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fazz03

2,733 Posts.

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29/02/16

21:07

Post #: 17148230
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Originally posted by pauljbo470 ↑

"Therefore to follow on from your discussion point anyone who is positively geared should not pay tax on that income."
That's a strange conclusion, how did you come to that. Do you think negative gearing is an entitlement?

"You have this opinion that all investors are "socialising" their losses"

That's not what I said, your making it up now.

I said "Anyone who negative gears is socialising their losses"

You do realise, that you need to make a loss to negative gear don't you? If you don't make a loss the government doesn't subsidise you.

It is a government subsidy that has distorted the housing market. It should go.

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Where did I say that negative gearing is an entitlement. How did you come to that strange conclusion.
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