Politicians Property Ownership- a Big Obstruction to Tax Reform

23 February 20265

It is important not to see this as just a Liberal v Labor issue. Tax deductible property has been a no- brainer way to make money in Australia for 50 years and has distorted the national investments and directed most of our capital into non-productive static assets. We need major tax reform, and what this shows is how difficult it will be to get the politicians to vote against their personal financial interests.