Tag: tax
The unfreedom of tax academia for the left
Posted by John, June 15th, 2019 - under Uncategorized.
Tags: Academic freedom, Freedom, tax
Comments: 2
The Australian and other Murdoch outlets have been running a faux University freedom campaign for years now. As they lose more and more ‘sensible centre’ journalists – how much longer can Peter van Onselen stay there more or less on his own? – they seem to have become more strident in their condemnation of cultural […]
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What is negative gearing, and what is Labor proposing?
Posted by John, May 6th, 2019 - under Uncategorized.
Tags: ALP, Australian Labor Party, negative gearing, tax
Comments: none
Negative gearing just means an investments ongoing deductible costs are greater than its income. In other words the investment is losing money. Many types of property can be negatively geared. The most obvious example is a rental property. Let me use that as an example. Say I borrow $1 million dollars to purchase a property […]