Monday, 2 May 2016

Example of tax reduced by Super and negative gearing

Here we have someone on $250,000 a year paying less than $18,000 a year in tax, using superannuation and negative gearing. Saving $73,000 a year in tax.

Talk about welfare for the rich! 

*Update: Here we have the usual harping about us dastardly people on welfare. Nothing said about the above however.