LET’S NOT NEGATIVELY GEAR

At the Melbourne headquarters of Prosper Australia, Philip Soos last night delivered a well documented presentation of the manner in which ‘negative gearing’–particularly of existing homes–has acted to deliver enormous capital gains to investors at the expense of most Australian taxpayers.

That can’t last.

Negative gearing should be abolished.

Philip also had this op-ed on the topic published in The Conversation yesterday.