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Bowen flags changes to negative gearing (Read 2985 times)
John Smith
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Re: Bowen flags changes to negative gearing
Reply #45 - Apr 28th, 2015 at 9:29pm
 
Grappler Deep State Feller wrote on Apr 25th, 2015 at 11:37pm:
They had to know that before they went into it - however - that is not 'work' as such, and does not mean they should get preferential treatment.



what preferential treatment?

you buy a business, any business and have somone manage it while you keep working, you can claim losses on the business against your wage. There is nothing new or unique about negative gearing.

Why do you think all the 'millionaires' in Sydney all bought Alpaca farms or small vineyards in the 90's?
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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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