Absolute madness. What they simple don't get is that negatively geared property that is held for the long term quickly becomes nuetrally geared then positively geared, whereby investors PAY MORE TAX. Fools !!
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The combination of Labor’s estimated annual tax increases of $17bn and spending increases of $3bn would reduce economic growth by around 10 per cent over the next couple of years, according to a Capital Economics research note written by Marcel Thieliant and Ben Udy.
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Gotta pay the promises. Better to grab it from hard workers. Stealing their future security.
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Absolutely nonsensical policy. You cannot disincentivise investment and lower the burden of the pension
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Like last time, watch rents skyrocket and become scarcer. PJK saw the light after only a year.
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Excellent.
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Won’t win with this policy
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