Gnads wrote on Sep 9
th, 2024 at 12:25pm:
What a crock of shyte. The majority were employed & paying taxes & putting into super(which was restricted by Govt of both persuations) all their lives until retirement.
paying taxes
most investment properties are owned by boomers because they DIDN'T want to pay taxes. They drove up the prices so todays kids can't afford it
Gnads wrote on Sep 9
th, 2024 at 12:25pm:
You on the other hand run a business & get tax right offs on next to everything.
only things that are business related ...thats how it works.
Gnads wrote on Sep 9
th, 2024 at 12:25pm:
If you own investment property(you do) then your have benefitted from negative gearing & tax rebates.
no, the only house i rent out I paid cash. No NG and as I haven;'t sold it, no CGT ... must suck to get it so wrong all the time
Gnads wrote on Sep 9
th, 2024 at 12:25pm:
It shows how much you respect your parents going the Boomer bashing cop out.
Unlike you, my parents value honesty ... most of their friends sponged of taxpayers in some form or other and they know it.