An MP has used his appearance on a popular television program to call on the federal government to phase out negative gearing and capital gains tax.On Monday evening, ABC’s QandA panellists were questioned on whether it was fair that some members of Australian society owned multiple homes while others did not have a bed to sleep in.
“What’s really unfair is the federal government hands out billions of dollars in tax handouts, to property investors who own multiple homes,” he said. NSW minister for housing and homelessness Rose Jackson said there was “very little” that was fair about the current housing market and noted the housing situation was being caused by more than simply a supply or tax issue.
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