BLOG: Letters to the Editor

History’s Lessons – Terry Dwyer

The Australian Mr Michael Janda’s advocacy of land value taxation as a means of lowering the tax burden on both workers and entrepreneurs is well advised. As Adam Smith recognized, there are only three factors of production - land, labour and capital - and only one of...

Land Based Wealth An Illusion

The Age Dear editor, Alan Moran (The Age, August 3, "Land-based wealth an illusion") has it partially right. He correctly claims that inflationary pressures provide the impetus for interest rate pressures. He also correctly claims that there is a disparity between...

Victorians Risk Losing Homes

Dear Editor, So now we discover the effects of reducing state land tax and councils moving away from site rental value for rates to capital improved value ("Victorians Risk Losing Homes", Herald Sun, July 17). Deriving public finances from the productive activities of...