PRESS RELEASE 19 May 2015 MELBOURNE:- Federal Treasurer Joe Hockey has endorsed moves by South Australia to abolish Stamp Duty and replace it with a nil exemption, broad-based land tax. He said the cost of an annual land tax would…
Join our fortnightly enews on all things evolving economics. Read past editions. Share with your friends! Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia MAY 2015 Gratis Tech Crash 101 Our deepest apologies for Wednesday’s…
West Australia’s Barnett government has just handed down its budget. It is the ugliest baby I have ever seen. The AFR reports: All key financial measures have been blown apart in the state budget, with net debt (above $30 billion)…
The South Australian government is undertaking a tax review to boost state competitiveness and economic efficiency. Their main focus is considering abolishing conveyencing Stamp Duty and funding this by removing exemptions from the existing State Land Tax. Prosper Australia has…
Cr Stephen Mayne invited a Prosper presentation at the Future Melbourne meeting last night. This followed on from the February MCC meeting I presented to in reaction to the short sighted Victorian Government decision to cap local council rating. Cr Mayne had asked…
Press Release: Debate over GST split ignores bigger issue “The States should not be threatening to re-impose regressive taxes of the past, but be working with the Federal government to overcome the mis-information prevalent in a property obsessed economy,” stated…
Letters to the Editor Bryan Kavanagh Glen Waverley 13.04.2015 The expected backlash to “A tax on land would be fair, efficient and unpopular” (Comment, 8/4) has arrived (Letters, 9 and 10/4). The wealthy will cry crocodile tears for asset-rich, income-poor…
With Land Value Tax recently in the press here, here, here, here, here and here, we hope these four interviews with leading international Georgists help build the public knowledgebase. Share them as you may. Listeners from as far afield as…
Following the recent Treasury submission to the Federal government’s Tax White Paper, which highlighted the positive marginal excess burden of Land Tax, is a more detailed analytical paper from Treasury using extensive modelling to report on the incidence and efficiency…
by Noah Smith The idea of a Land Value Tax (LVT) is to tax the value of land independently of the value of improvements on that land (e.g. buildings, farms, or mines). Separating the value of a plot of land…