House debates
Wednesday, 2 March 2016
Questions without Notice
Taxation
2:47 pm
Chris Bowen (McMahon, Australian Labor Party, Shadow Treasurer) Share this | Hansard source
My question is to the Treasurer. Today, in opposing Labor's reforms to negative gearing, the Treasurer described negative gearing as 'an entirely legitimate practice to offset the cost of earning an income against that income'. Is the Treasurer aware that that is not actually negative gearing and is a practice unaffected by Labor's policy? Does the Treasurer actually know what negative gearing is?
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