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  1. Sim

    Why negative gearing won't go

    Reply: 1.1.3.1.1.1.1.1 From: Sim' Hampel Kevin... you said "but we may see a time when negatively geared properties cannot be offset against your earned income" Umm... isn't that the whole point of the tax benefits we refer to as "negative gearing" ? You can offset the loss against other...
  2. Sim

    Why negative gearing won't go

    Reply: 1.1.2.1 From: Sim' Hampel Like I just mentioned in my other post. What about the GST ? The short term cost of implementing that was (is !!) enormous. But that didn't stop them. It was the new taxation system that we "had to have".
  3. Sim

    Why negative gearing won't go

    Why negative gearing might go Reply: 1.1.1 From: Sim' Hampel I hate the blanket statements people make about the "lessons learned" from the attempted abolition of negative gearing tax benefits in Australia, saying that "they tried once and it was horrible, so they'll never try again"...
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