The MRRT cut is an illusion. If the Government really wants to - TopicsExpress



          

The MRRT cut is an illusion. If the Government really wants to reboot the mining boom, there is a tax it can reform that will do it. Chop negative gearing or even just shift it to new homes. Or, cut back Peter Costello’s disastrous late nineties capital gains dispensations for property. Either will have the same effect. House prices will stall and resume a slow melt (if handled right), interest rates will go straight to 1% and the dollar below 70 cents. Then watch the mining boom get a second wind! macrobusiness.au/2013/10/government-miners-target-wrong-tax-to-restore-boom/
Posted on: Fri, 25 Oct 2013 09:54:15 +0000

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