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Bulldust! how much was the cost of tax foregone because of...

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eagle888

46,202 Posts.

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20/02/17

15:33

Post #: 22753277
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Originally posted by LesPaul ↑

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. View attachment 470897
http://www.abs.gov.au/ausstats/[email protected]/mf/5506.0

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Bulldust! how much was the cost of tax foregone because of negative gearing. Where is that figure?
Besides how does negative gearing on existing homes contribute given the homes are already built.

Last edited by eagle888: 20/02/17
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