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Fiddling with negative gearing isn't revolutionary tax reform
If Labor were serious about addressing the high price of housing and
the impact this is having on both first home buyers and renters it would
begin a program of state housing that addressed the needs of working
class Australians. Such a program could be funded by taxing the rich
capitalist class who benefit from having a well housed, rested working
class. Labor won't do that since it is wedded to the market and market
'solutions'. That marriage explains its mickey mouse negative gearing
proposals.
http://enpassant.com.au/2016/02/15/fiddling-with-negative-gearing-isnt-revolutionary-tax-reform/
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