HanrahanFeb 24

Tax expert worried Australia on path to neo-feudal society as housing wealth drives inequality

https://slrpnk.net/post/34515939

Tax expert worried Australia on path to neo-feudal society as housing wealth drives inequality - SLRPNK

>One of the country’s leading tax experts says the explosion in housing wealth has put Australia on the path towards a neo-feudal society where your prosperity depends in large part whether your parents own land or property.

Show threadfizzleFeb 24

Yep. No new news. We all know.

Abolish CGT discount, negative gearing. Increase land tax, and implement vacancy tax.

Everyone knows that this is what needs to be done but amazingly home owners don’t want to do any of these things.

Show threaddustycupsFeb 24
Single home owners can live with it. Its investors putting the brakes on these measures.
Show threaditsathursdayFeb 24
“Investors”.
Show threadfizzle
There there pet.
Feb 24 at 9:57amWeb