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But Australia is bankrupt!!! Right now, it has no value. It has...

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DavoMagic

17,063 Posts.

56

12/09/18

14:35

Post #: 35550503
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Originally posted by copperroad ↑

Don't worry mate, Labor will answer your dreams since they want to tax property and introduce death duties along with the greens. They will have a clause in parliament that excludes politicians form the same laws of course. I think it was Labor who bought in the property taxes on the second property anyway.
I recently read that they were looking at increasing property taxes to feed their endless inability to manage anything.
Reckon they might introduce an exit tax on property. That will be a bigger chew for them when you sell the house. Probably a sliding scale as it is for stamp duty at the moment.
The two big areas for these guys to have a go at are property and super.
Labor have already outlined several new taxes as their only policy platform. The rest of them (like immigration) they hide from the public.

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But Australia is bankrupt!!!

Right now, it has no value.

It has more value than USA but it is still bankrupt!!!

Why go to work??? the currency is worthless!!!

Why have Sydney homes not been ransacked??? They are worthless!!

Last edited by DavoMagic: 12/09/18
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