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Neg gearing - Gone?, page-273

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simonjb

2,760 Posts.

10/12/14

22:35

Post #: 14441815
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Originally posted by macropunter ↑

Had to laugh....quoting the socialistpartyaustralia.org website !!! I don't even know what that is and wouldn't even know where to find that kind of tripe. I guess some people must though. No intelligent person would read that kind of stuff !

I say it again for the less financially literate people on here.

If Australia does nothing to reduce the gross imbalances it has we will end up being like many Western European countries who have next to nothing to offer their youth. That really is not a tough concept to understand and ends up being a sh*t sandwich for everyone

I am not saying I have all the answers but the wealth transfer by way of taxes which is currently in place is clearly not sustainable.

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Sounded just like your tripe.

Negative gearing is here to stay get used to it.

Now we are going to be like Western Europe. Okay.
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