For years, the Coalition has used nurses, teachers and police as a human shield against Labor’s negative gearing reforms, arguing that they would be hurt most if negative gearing concessions were removed. For example, here’s what Treasurer Josh Frydenberg said in October:
About two-thirds of those with negative geared properties have a taxable income of less than $80,000… No doubt many of those are among the 58,000 teachers, 41,000 nurses and 19,000 police and emergency service workers who negatively gear property…
