by Karl Fitzgerald | May 11, 2010 | Letters to the Editor
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...
by Karl Fitzgerald | May 6, 2010 | Letters to the Editor
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...
by Karl Fitzgerald | May 3, 2010 | Commentary
photo credit: Troy McClure SF Gavin R. Putland Published in today’s Crikey In contrast to the Henry report’s advice that payroll tax be eventually abolished (recommendations 55 and 57), the Rudd government has decided to increase its own payroll tax. No,...
by Karl Fitzgerald | May 2, 2010 | Commentary
Ken Henry and his team’s hard work looks to have paid off. Initial readings show the undeniable truth that land based taxes are the most efficient taxes. Look at the attached graph (via KPMG, not Henry) showing that The Resource Rent Tax, Municipal Rates and...
by Karl Fitzgerald | Apr 26, 2010 | Letters to the Editor
I had a letter published in The Sunday Age on the 25th of May. Real estate agents and their constant spruiking of the “boom” had finally gotten up my nose. They go around crowing about the rising prices while ordinary Australians get priced out of the market. When you...