how the vested interests lie about negative gearing
- Written by Cameron Murray, Lecturer in Economics, The University of Queensland
When you want to take back a multibillion-dollar giveaway to the country’s wealthiest, expect them to put up a fight.
The Labor Party’s proposal to reduce the tax advantages of being a landlord by limiting negative gearing to new homes has become the new enemy of the landlord class, who are arming themselves for policy combat.
Luckily,...
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