Like Gold in a Coal Mine

photo credit: 10b travelling   Clear-eyed media commentary in the national interest is rare and sweet. Alan Mitchell’s analysis of the Henry Tax Review in the Australian Financial Review –  A tax on all your economic rents  – is such a creature. He...

Carrying through the Henry Logic

Letter to the Editor – Aust Financial Review Dr Terry Dwyer (Read Dr Dwyer’s Henry Review Submission) The Henry Tax Review has rightly acknowledged the fundamental economic principle that a tax on land (including resource) rents is the ultimate...

At last, payment for the owners

photo credit: pfala Letter to the Editor THE AGE, MAY 4: Bryan Kavanagh, Glen Waverley WHEN an owner leases out his or her former business as a going concern, i.e. the freehold and the business, it is not uncommon for the net profit before income tax and depreciation...