How the most affluent Australians disproportionately benefit from negative gearing

Those in the top tax bracket three times more likely to be negatively geared property investor, says economistGet our breaking news email, free app or daily news podcastNegative gearing helps high-earning Australians the most, with those with income of more than $180,000 annually snaring almost one-quarter of the benefits, despite numbering just 5% of taxpayers.Data from the Australian Taxation Office showed people who earn more than $180,000 were able to lower their collective tax bill by $1.3b