Labors proposed NG changes are a complete joke and only panders to their political base that is full of envy. At the end of the day it will do little for to nothing for affordability - heck they are using analysis that says their changes will have negligible effect on property prices.
There will be zero savings from the tax change over the long term and it just a red herring
While investors won't be able to deduct against their personal income they will still be able to deduct against other forms of investment income so this policy only punishes those getting started out and investing in their future.
Increases taxation inequality and complexity.
- Forums
- Property
- Back to Negative Gearing
Back to Negative Gearing, page-4
-
- There are more pages in this discussion • 157 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
IGO
IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity
MND
Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?