BLOG: capital gains tax

A ‘capital gain’ is a private tax

By Dr. Gavin Putland - crossposted from the Land Values Research Group The noisiest campaigners for lower taxes complain only about public taxes while ignoring or defending the unrequited tributes collected by private agents under the guise of market transactions. The...

Budgeting for Capital Gains

Press Release “Treasurer Joe Hockey's budget is a boon for those in pursuit of capital gains" stated Prosper Australia spokesman, Karl Fitzgerald. "Whilst claiming we all must contribute to the heavy lifting, the budget ignores the easy unearned incomes in real estate...

Empty Dwellings During Housing Crisis?

Today's Sydney Morning Herald article on Empty Dwellings in a City Desperate for Places to Live has exposed the raft of vacancies prevalent when land banking trumps housing affordability. It quotes how 122,211 sites were vacant in the 2006 census, reminding us of the...