Cut Capital Gains Tax & Negative Gearing...OECD, page-8

  1. 24,881 Posts.
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    I agree as the tax system stands.
    If the 50% CGT concession and Negative gearing were
    removed, IMO that would not be so ..the supply/demand/price
    formula assumes a free market...not one skewed by tax regulation/benefits .

    If NG is to be retailed then it should be offset with annual CGT on the property appreciation

    Popilist Solution: Stop Immigration
    OECD Solution: Remove the 50% CGT concession & negative Gearing (also Shorten Solution)
    -Other Solutions:
    -Massive social housing program similar to immediate Post WW2 Program
    (neccessary then to prevent returned soldiers unrest & accommodate massive immigration )
    -Decentralise Government services away from Capital Cities
    -Mandate Granny flats as a short term solution
    -etc etc etc
    -
 
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