Ah, the fake left Guardian and its stupid, lagging and hypocritical ideas:
These are the findings of the latest Guardian Essential poll of 1,148 voters, which found 56% support for providing more benefit to low- and middle-income earners by trimming tax cuts for high-income earners but less than majority support for other measures reducing tax concessions.
The poll was conducted last week as the Coalition claimed that Labor’s broken promise on stage-three tax cuts sets the scene for further tax changes on negative gearing and capital gains tax (CGT), despite the government insisting they are not on its agenda.
The Greens and crossbench independents have urged Labor to go further to rebalance the housing system in favour of owner-occupiers and address the $50bn cost of rental tax deductions to the federal budget.
The poll found that half (50%) of respondents were in favour of preventing “wealthy families from using family trusts to split their assets to minimise tax”, down four points since the question was last asked in November.
Almost half (44%) support only allowing people to claim negative gearing tax concessions on one investment property, more than double the proportion who oppose the measure (21%) but down three points since November.
A similar proportion (42%) want to “reduce the capital gains tax discount for assets held longer than a year from 50% to 25%”, roughly double the proportion who oppose it (20%).
A little over a third (37%) want to “tax deceased estates worth more than $5m”, down four points since November.
If it had been paying attention to reality and not cancelling any and every view it disagrees with, the fake left Guaridan would have known that this outcome was a foregone conclusion.
Labor will not buckle on property tax concessions. EVER. It is a policy coward once burnt twice shy.
Nor is the fake left Guardian’s public construction push going to do anything to ease the housing crisis. It is far too small and is fighting a much larger private construction bust.
There is no conventional demand or supply-side policy fix for the housing crisis. It can only be addressed by stepping outside of the progressive comfort zone.
The answer is addressing the source of the problem. Immigration must be slashed to 100K and below, or the crisis will be endless.
If Guardian editor Lenore Taylor can’t or won’t allow discussion in the paper to promote this simple truth, she must be sacked with prejudice.
