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Possibility of negative gearing changes could increase investor activity

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Your Investment Property | 18 Feb 2016, 05:37 AM Agree 0
Australians’ love of getting one over on the tax man could see a rush of people try to enter the market if any plans to alter negative gearing are adopted
  • SP | 19 Feb 2016, 11:23 AM Agree 0
    Did Bill Shorten win the next election already?!
  • Rew | 21 Feb 2016, 12:37 PM Agree 0
    It's comments like Mr Beresford's (Aussies love avoiding tax) that draw the ire of our chronically PC leftist politicians. Not helpful.

    This is another example of the government taking a dump on anyone who gets off their ass and tries to improve their wealth situation and get ahead in life. Meanwhile, the money they take from investors is wasted and slung back to those who leech off of society. Personally I cannot comprehend why the simple increase in GST would not just suffice. GST is the fairest measure of tax payment as you pay tax on what goods and services you consume and it means that certain groups in society aren't discriminated against and taxed to support others.
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