NG on housing, capital gains tax discount, multi national tax avoidance, page-52

negative gearing ENABLES property market with dividends to all levels of government as per below. Now which bright spark is going to find a $45B tax revenue black hole because we played with the property market and stuffed it? After that you'll be trying to invent a tax scheme which penalises only those that invest in property by way of capital gains obligations.... furthest column on right is 14-15. If you honestly believe you will make the $45B figure bigger by dropping NG then I find that difficult logic to follow. If you want our younger generations to have access to this asset class then that's a different story and thread, and a worthy one at that.
http://www.abs.gov.au/ausstats/[email protected]/mf/5506.0