The stats show that 80% of the people that negative gear properties are on incomes of $80,000 or less so that is hardly rich.
In fact for a lot of ordinary Australians it is their way of preparing and providing for their retirement.
This talk all resolves around getting the budget back into the black and the only way is to modify the GST.
Why Negative Gearing should be scrapped, page-22
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)