Payroll tax is a reverse tariff: an inland payroll tax feeds into prices of locally produced goods and services, including those intended for export, but exempts imported goods and services up to the point of importation. In contrast, a Value-Added…
The mascot of the anti-land-tax campaign is the “poor widow” — you know, the one who will allegedly be forced out of her home because she doesn’t have the cash flow to pay the tax on the astronomical value of the…
Changing the GST was always intended to be hard and is getting harder by the week. Under the so-called intergovernmental agreement on implementation of the GST, any change in the rate or the base required the unanimous approval of the…
This post was adapted from our e-news service. Sign up on the right hand side of the home page for a bi-monthly email. These certainly are exciting times to be advocating an alternative economic framework. We see thoughout the EU…
photo credit: Dunechaser It seems that another whitewash of economic theory is being subtly thrust upon us with the ongoing Henry Tax review. According to Henry, he has re-written economic theory. The 3 sources of taxation are now labour, capital…
Saturday’s Age article on Melbourne’s rental growth outstripping all other states is reflective of current government policy at all levels – local, State and Federal. When combined with record immigration levels, property flipping will continue unabated. Prosper Australia spokesman Karl…