@Misteriso61@dailytelegraph NG is not a subsidy. The tax deduction is simply allocated annually not on asset sale. Like every other investment and income stream.
You just get way less now CGT on asset sale. Actual tax payable doesnt change.
Stop believing the lies
@GregMarSci Okay but doing more of the same is a good idea.
Just got my gas price rise notification this morning.
Up over 30%
Yet you idiots still shilling Labor and how my energy costs are lower.
You are the problem.
@CC68891975@strangerous10@PopCultured4 Make Albo pay back all his commerical benefits from the last 30 years of using these tax strategies he just killed.
There goes his 5 million dollar beach house.
@Askgerbil@strangerous10 Most people used the equity in their house to start a business. Lowering house prices kills the next set of entrepreneurs. That and all CGT taxes will encourage them to remain in large monopoly business of Australia
@SeanCur35382542@strangerous10@palaceletters If we had more houses built than people rent would be plummeting not at all time highs. Rent costs are the ultimate supply and demand equation. Way more precise than underlying value of assets.
@strangerous10 You do relaise economists are generally wrong.
Those that are right on economic matters aren't professors , they're wealth managers.
Go and pull the last be ten years of predictions from any of these people. Monkey and a dart board mostly
@strangerous10 Funny two days and a Labor curated list of people allowed to present.
1. Did these economist use these tax strategies to gain personally.
2 are they now repaying the such benefits over the last 30 years into a inter generational wealth fund.
It not, take a knee.
@AnduinWhisper@Brendon5374 Funny they keep saying its to get young people into their own house. Either wages have to explode (with no house price rises) or house prices have to fall.
Either they lied or are so retarded it's scary.
@Brendon5374 Yet another late stage boomer whose taken advantage of all these things to make their wealth now on the high horse for fairness.
If you believe in this so much why don't you back pay the taxes you would have paid over the last 35 years under the new fair tax laws.
Only fair
@blakandblack Why do you think we are rejected Labor you idiot. We see the manufacture of division and lies. They have torched the economy and gas light daily
@skyeliner Please see NZ.
A government stooge fronting the senate with agreed talking points Labor have refused to allow any dissenting voice actually be called at the hearing.
But hey don't believe the truth it's frightfully inconvenient for your self worth
@PaulRob11880584 They don't you actually do not understand how negative gearing actually works.
Why should hard working people who invested their after tax savings now have to pay for everyone else to do whatever they want?
@1Alboforpm Which country had a fuel shortage in the last 90 days??
Labor dimwit slapping themselves on the back for either breaking something then trying to repair it or not actually needing any repairs at all.
@JT3228440527570@PaulineHansonOz At this point it's sadly become the party of reason. How fucked up is it that ON has become the voice of reason .
Also watching you melt down again is the cherry on top