Malcolm Turnbull and the Liberal/Nationals have cut the age pension, family payments, funding to schools, hospitals, the CSIRO, the ABC, the public service – yet they’re leaving negative gearing and the capital gains tax discount, and are planning a double income tax cut for high-income earners.
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Added to that, Prime Minister Turnbull has told ABC 7.30’s Leigh Sales that the fact investment property tax concessions heavily benefit high-income earners is “beside the point”.
Work that out – I’m struggling.
Denise McHugh
Calala
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