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  1. #1

    Default Aussie govt spends $70 bn on subsidies and tax expenditures for Aussie property every

    This remarkable Mark Latham opinion piece on the property and the financial crsis was released yesterday.

    http://afr.com/home/viewer.aspx?EDP:...house+of+cards

    It is remarkable to think the Aussie govt spends $70 bn on subsidies and tax expenditures for Aussie property every year--the fiscal stimulus package is only worth $10 bn!!

    Can this be considered pork-barrel politics or just socialism at its silliest?
    Last edited by tanmedia; 31-10-2008 at 09:52 PM. Reason: addition


 

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