Tag archives for negative gearing

Re-create the middle class

A comment from Brexit seems to sum up the world of western politics today.  A woman was asked how she would vote. “If you have money you vote to remain. If you have no money you vote to leave.” This neatly sums up a problem that is cropping up in a number of countries.  People […]

A rational discussion about tax

In an autocratic country, people are afraid to discuss ideas.  Every concept that doesn’t fit with the state view is a potential point of punishment.  Think North Korea or Russia.  In Australia, our governments are losing the ability to discuss concepts for much the same reason.  A concept is a potential point of punishment.  Not in […]

Make foreign investors sell homes to first home buyers.

It is obvious that we have a housing affordability problem in many markets.  Sydney and Melbourne are the two outstanding examples.  So what are the facts? Prices are growing at an undesirable rate First home buyers are declining Foreign investment is increasing Based on auction clearance rates, demand is exceeding supply The government has a […]

Looking at taxation from the wrong direction

There is a long term need in Australia to raise more tax revenue.  If we want to maintain a compassionate society that looks after those who need looking after we need more money to do it.  The sick, children, older Australians, people with disabilities and those having difficulty looking after themselves.  It is not a […]