lets phase out tax deductions on all business expenses and stock traders losses too, why not.
they say 80% of new businesses fail within 5 years.
why should they be allowed to claim losses IF negative gearing/ ie tax deductions on property investing goes.
and who steps into the void once investor are pushed out, because they can't claim expenses
the govnuts! ?? how productive that will be - using taxpayers money
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Neg gearing - Gone?, page-215
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