Australian Politics Forum - If they are hell bent on keeping negative gearing.

freediver Gold Member Offline www.ozpolitic.com Posts: 53355 At my desk.	Re: If they are hell bent on keeping negative gearing. Reply #120 - Jun 24^th, 2023 at 12:38pm Are you having difficulty understanding the question Monk? Do you think it is a good idea for the tax department to send people bankrupt by giving them a huge tax bill in a year in which they actually lose money?
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John Smith

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Re: If they are hell bent on keeping negative gearing.
Reply #121 - Jun 24^th, 2023 at 12:40pm

freediver wrote on Jun 24^th, 2023 at 12:33pm:

John Smith wrote on Jun 24^th, 2023 at 12:27pm:

freediver wrote on Jun 24^th, 2023 at 12:26pm:

Do you think it is a good idea for the tax department to send people bankrupt by giving them a huge tax bill in a year in which they actually lose money?

who says they lose money? Cheesy

Never mind John, no-one expects you to have any principles.

nice backpeddle FD ... now just keep that momentum going

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Jovial Monk

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Re: If they are hell bent on keeping negative gearing.
Reply #122 - Jun 24^th, 2023 at 12:44pm

freediver wrote on Jun 24^th, 2023 at 12:38pm:

Are you having difficulty understanding the question Monk?

Do you think it is a good idea for the tax department to send people bankrupt by giving them a huge tax bill in a year in which they actually lose money?

Why did they lose money, FD?

Are cats critters, FD?

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freediver

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Re: If they are hell bent on keeping negative gearing.
Reply #123 - Jun 24^th, 2023 at 12:47pm

Jovial Monk wrote on Jun 24^th, 2023 at 12:44pm:

freediver wrote on Jun 24^th, 2023 at 12:38pm:

Are you having difficulty understanding the question Monk?

Do you think it is a good idea for the tax department to send people bankrupt by giving them a huge tax bill in a year in which they actually lose money?

Why did they lose money, FD?

Are cats critters, FD?

It's doesn't matter why they lost it. Small businesses and investments lose money for all sorts of reasons.

Do you think it is a good idea for the tax department to send people bankrupt by giving them a huge tax bill in a year in which they actually lose money?

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Jovial Monk Gold Member Offline Dogs not cats! Posts: 51474 Gender:	Re: If they are hell bent on keeping negative gearing. Reply #124 - Jun 24^th, 2023 at 12:49pm If they genuinely lost money why would the Tax Dept send them a big bill? Are cats critters, FD?
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John Smith Gold Member Offline Australian Politics Posts: 78311 Gender:	Re: If they are hell bent on keeping negative gearing. Reply #125 - Jun 24^th, 2023 at 12:49pm freediver wrote on Jun 24^th, 2023 at 12:47pm: Do you think it is a good idea for the tax department to send people bankrupt by giving them a huge tax bill in a year in which they actually lose money? are you saying the tax dept doesn't do that already??
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freediver

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Re: If they are hell bent on keeping negative gearing.
Reply #126 - Jun 24^th, 2023 at 1:04pm

John Smith wrote on Jun 24^th, 2023 at 12:49pm:

freediver wrote on Jun 24^th, 2023 at 12:47pm:

Do you think it is a good idea for the tax department to send people bankrupt by giving them a huge tax bill in a year in which they actually lose money?

are you saying the tax dept doesn't do that already?? Grin

Some taxes depend on how much money you actually make.

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Jovial Monk Gold Member Offline Dogs not cats! Posts: 51474 Gender:	Re: If they are hell bent on keeping negative gearing. Reply #127 - Jun 24^th, 2023 at 1:15pm So if you make a real loss you don’t get a big tax bill? Are cats critters, FD?
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John Smith

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Re: If they are hell bent on keeping negative gearing.
Reply #128 - Jun 24^th, 2023 at 1:17pm

freediver wrote on Jun 24^th, 2023 at 1:04pm:

John Smith wrote on Jun 24^th, 2023 at 12:49pm:

freediver wrote on Jun 24^th, 2023 at 12:47pm:

Do you think it is a good idea for the tax department to send people bankrupt by giving them a huge tax bill in a year in which they actually lose money?

are you saying the tax dept doesn't do that already?? Grin

Some taxes depend on how much money you actually make.

and some don't ... your point?

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Sir lastnail Gold Member Offline Australian Politics Posts: 30923 Gender:	Re: If they are hell bent on keeping negative gearing. Reply #129 - Jun 24^th, 2023 at 7:57pm freediver wrote on Jun 24^th, 2023 at 12:38pm: Are you having difficulty understanding the question Monk? Do you think it is a good idea for the tax department to send people bankrupt by giving them a huge tax bill in a year in which they actually lose money? do you ??
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freediver

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Re: If they are hell bent on keeping negative gearing.
Reply #130 - Jun 24^th, 2023 at 8:34pm

Sir lastnail wrote on Jun 24^th, 2023 at 7:57pm:

freediver wrote on Jun 24^th, 2023 at 12:38pm:

Are you having difficulty understanding the question Monk?

Do you think it is a good idea for the tax department to send people bankrupt by giving them a huge tax bill in a year in which they actually lose money?

do you ??

Of course not. Only an idiot would demand a person with no income pay the same income tax as a person earning half a million.

Are you that idiot?

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John Smith Gold Member Offline Australian Politics Posts: 78311 Gender:	Re: If they are hell bent on keeping negative gearing. Reply #131 - Jun 24^th, 2023 at 8:36pm Did you pull those numbers out of your arse fd
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freediver

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Re: If they are hell bent on keeping negative gearing.
Reply #132 - Jun 24^th, 2023 at 8:40pm

John Smith wrote on Jun 24^th, 2023 at 1:17pm:

freediver wrote on Jun 24^th, 2023 at 1:04pm:

John Smith wrote on Jun 24^th, 2023 at 12:49pm:

freediver wrote on Jun 24^th, 2023 at 12:47pm:

Do you think it is a good idea for the tax department to send people bankrupt by giving them a huge tax bill in a year in which they actually lose money?

are you saying the tax dept doesn't do that already?? Grin

Some taxes depend on how much money you actually make.

and some don't ... your point?

That people who invest in rental properties should not be singled out to pay extra taxes compared to people who invest in shares, small businesses, other forms of property etc. The same principles that apply to all other business activities should apply to rental properties.

And if, like Smith, you are completely lacking in principles, put it this way: rents will go up, not down, if you make rental property owners pay more tax. This is just another Greens idea that will actually harm the people it is intended to benefit, which is what always happens when the economically illiterate get their way.

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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.

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John Smith

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Re: If they are hell bent on keeping negative gearing.
Reply #133 - Jun 24^th, 2023 at 9:52pm

freediver wrote on Jun 24^th, 2023 at 8:40pm:

John Smith wrote on Jun 24^th, 2023 at 1:17pm:

freediver wrote on Jun 24^th, 2023 at 1:04pm:

John Smith wrote on Jun 24^th, 2023 at 12:49pm:

freediver wrote on Jun 24^th, 2023 at 12:47pm:

Do you think it is a good idea for the tax department to send people bankrupt by giving them a huge tax bill in a year in which they actually lose money?

are you saying the tax dept doesn't do that already?? Grin

Some taxes depend on how much money you actually make.

and some don't ... your point?

That people who invest in rental properties should not be singled out to pay extra taxes compared to people who invest in shares, small businesses, other forms of property etc. The same principles that apply to all other business activities should apply to rental properties.

And if, like Smith, you are completely lacking in principles, put it this way: rents will go up, not down, if you make rental property owners pay more tax. This is just another Greens idea that will actually harm the people it is intended to benefit, which is what always happens when the economically illiterate get their way.

Are you drunk again? Cheesy

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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Lisa Jones Gold Member Offline Australian Politics Posts: 39047 Sydney Gender:	Re: If they are hell bent on keeping negative gearing. Reply #134 - Jun 25^th, 2023 at 8:25am John Smith wrote on Jun 24^th, 2023 at 9:52pm: Are you drunk again? Is Dumbarse Drunk trolling around in this topic again?
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