WOTC - $33 billion spent on circuit breaker (4th phase)
Wisdom of the Crowd: 58% of the respondents preferred the $33 billion (used to extend the circuit breaker) be used instead to suspend GST for 3 years. 38% prefer to use the money to pay a pension to everybody above 80 years.
4% Stamp Duty of a 2 million property works out to $80,000
ReplyDelete12% ABSD of a $2 million property works out to $240,000
Vivian Balakrishnan's answer to CSJ - Why go against people who through no fault of them had work hard and can afford a second property?