Hahah it's like some kind of bad joke. Let's tax the most efficient business models that turn a solid profit, and indirectly give the inefficient ones a concession. Way to encourage sloppy business practices. All the while, what is it, $2 billion dollars sapped from taxpayers for negative gearing, encouraging a non income producing investment class. Even worse encouraging speculation in an asset class that increases business costs without providing any tangible benefit, essentially reducing the cost competitiveness of Australia. To be fair Henry wants negative gearing addressed as well though..
- Forums
- ASX - General
- henry urges wider profits tax
henry urges wider profits tax, page-17
-
- There are more pages in this discussion • 19 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
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online