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Negative Gearing Never Examined (Read 11245 times)

Bam

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Re: Negative Gearing Never Examined
Reply #225 - Feb 8^th, 2016 at 8:39pm

stunspore wrote on Feb 8^th, 2016 at 8:05pm:

Just remove negative gearing and see what happens. Give it say 4 years and see what happens. Too much "what ifs". Use the savings to buff up rental assistance for the vulnerable, establish tax exemptions/credits for new residential dwellings.

There's no need to establish tax exemptions and credits for new dwellings. We can do just as well by abolishing the existing tax exemptions and credits except for new dwellings. CGT concessions being a case in point.

I'm not convinced though that the housing market is in need of any stimulus right now.

You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.

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stunspore Gold Member Offline Australian Politics Posts: 5097 Gender:	Re: Negative Gearing Never Examined Reply #226 - Feb 8^th, 2016 at 9:22pm Yes but extra rental assistance for the vulnerable means they can use it for existing dwellings. It's the argument that the neg gears say - that rental prices go up - so in that case use the savings for the vulnerable then.
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stunspore

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Re: Negative Gearing Never Examined
Reply #227 - Feb 8^th, 2016 at 9:23pm

Dnarever wrote on Feb 8^th, 2016 at 8:09pm:

stunspore wrote on Feb 8^th, 2016 at 8:05pm:

Keating tried that method - the threat was that homeless people were going to die when it got cold.

Global warming will take care of the cold. Lib during a good job here.

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Poll
Question: If NG is to be cut, what would you replace it with?
* This poll has now closed *
NG on new properties only 1 (16.7%) Limit NG for 7 years after purchase 0 (0.0%) Abolish NG, tax offsets against future profits 1 (16.7%) Abolish NG and replace it with nothing 1 (16.7%) Limit it to one or two properties 3 (50.0%) Something else? (Discuss) 0 (0.0%) Total votes: 6 « Last Modified by: Bam on: Feb 4^th, 2016 at 5:08pm »