An obituary

on

RIP Australia   Australia was not overrun and defeated. It became dead at heart, and the rot and canker spread to its extremities. Federally, proportional representation elected only the Senate, because rent-seekers who divided and ruled the nation charged that it created unstable government. Neither main political party offered apology for choosing, instead of the Australian […]

Read more

Love to hear Bob Dylan sing this

on

Blowin’ in the wind Why must we be fined with tax, for workin’ for the nation? Yes, ‘n’ how much time will it take before … we’ll quit our occupation? Why won’t we turn where the tax breaks are, in real ’state speculation? The answer, my friend, is blowin’ in the wind, the answer is […]

Read more

We the Selectorati

on

Some advice Once you’ve understood that you’re only on this planet for a short period, certain things should become clear to you. Namely, there’s only a few people who are life’s winners; the vast majority will die losers. Whilst workers and capitalists are both losers, socialists are the greatest losers of all, because they actually believe capitalists […]

Read more

Select Committee on Value Capture: Public Education campaign vital

on

Following our Parliamentary submission, Prosper Australia was asked to appear at the Select Committee into the Scrutiny of Government Budget Measures – 05/11/2015. The transcript is now available. Transcript via Hansard CASHMORE, Miss Catherine, President, Prosper Australia FITZGERALD, Mr Karl, Project Director, Prosper Australia CHAIR: I now welcome the representatives from Prosper Australia. Information on […]

Read more

Land Tax Benefits Build

on

The chorus continues to grow for the inclusion of Land Taxes in the national tax debate. Economics editor for The Age Ross Gittins advocates his support for Land Tax in How to fix everything: Why? Partly because GST is a regressive tax, whereas land tax is progressive, hitting higher-income households proportionately harder than lower-income households. Do […]

Read more

Economic depressions 101.0

on

Economic depression for dummies Let’s say labour joins with capital and land to produce wealth, and that the locational rent of land arises as a by-product, simply from the existence of the surrounding community and its infrastructure. Say, for some reason or other, you wanted to create an economic depression. How would you go about […]

Read more

A bigger GST cements our place as a second class country

on

Australians have to endure waves of disinformation around the tax reform options before us. Every vested interest in the country is sharp-elbowing for advantage and the yelps of pain are deafening. GST is a vile tax because of who pays it. It does not matter whether tax is taken under one name or another or […]

Read more

Reform Agenda Machinations

on

Published as The Planned Obsolescence of the Public Interest in Online Opinion A fascinating power play continues in the debate over vertical fiscal imbalance. The strategic intent is prevalent from federal to local politics, where the health of the public revenue raising system is undermined. This sideshow diverts from the beneficiaries that Adam Smith once […]

Read more

Value Capture Variants

on

Last Thursday Catherine Cashmore and I addressed the Select Committee into the Scrutiny of Government Budget Measures. Read the Hansard transcription. We felt it important to put on the public record the various value capture mechanisms with commentary on their potential utility. Following is the inquiry submission. Select Committee into the Scrutiny of Government Budget […]

Read more

GST Wind Will Blow Turnbull Away

on

Letters to the Editor AFR, November 9 Increasing the GST is such an ‘ill wind’ policy that it singularly has the capacity to blow even Mr Turnbull’s mojo into the doldrums and swing a Labor-Greens alliance into power (“Turnbull can win support for a GST rise, says Hewson”, AFR, November 4). The GST is anchored […]

Read more

https://prosper.org.au/2015/11/