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and be nice to everyone! That is the hardest part :)

One less property transaction = one less stamp duty revenue One less IP traction = potentially one less land tax revenue + one less CG tax.

Ha... Richard Feynman has shaved & had a haircut! :) 1. I'm not sure why many non-investors think that they are subsidising negative gearing. 2. They talk about lose revenue of 5 billion or what ever. Why don't they ever talk about the stamp duty, land tax and capital gain tax?