Australia's largest stock trading and investment forum Australia's #1 stock forum

And even more money would be lost to the taxation system from...

First 590 Last

Share
Profile

Follow
UniversalTrader

18,534 Posts.

56

28/04/24

10:39

Post #: 73542198
Share

Originally posted by blueballs: ↑

According to the media release, PBO analysis shows that the fiscal cost of negative gearing will reach $97 billion over the next decade, while the cost of the CGT will reach $60 billion over the next 10 years, a total of $157 billion over the decade. s 22 s 22 s 22 Page 6 QB23-000076 HOUSING AUSTRALIA Negative

Lost income subsidising property flippers

Expand

And even more money would be lost to the taxation system from share flippers so dont give us that crap.

As for ng $10bil is cheap given it is helping house millions and ultimately the same investors return even more tax to the system on average
1 Upvote

Reply

There are more pages in this discussion • 300 more messages in this thread...

First 590 Last