Why Negative Gearing should be scrapped, page-39

  1. 35,472 Posts.
    lightbulb Created with Sketch. 2863
    When it relates to property investment, I think it's you being naive.
    $100k is declared income. Many have other forms of income and certainly business income is far different from declared income. ie many deductions and perks paid for. Car, phone, services...

    If the "average" declared" Male income in Australia is $66k, and household income is in excess of $100k. It's you that needs to wake up to the reality of incomes property investors earn.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.