BLOG: public policy

Economic rents subsidise taxes on capital

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...

OECD’s Housing Concerns

Yesterday's OECD Economic Survey of Australia pinpointed key areas of risk.   As Philip Soos and Paul Egan showed today in their 21 chart pack, Australia's land bubble and accommodating credit cycle opens the economy to incredible risk. But the Abbott government...

Harnessing Monopoly to Finance Government

Harnessing Monopoly to Finance Government

The Total Resource Rents of Australia report finds the complete removal of income, company and sales tax is possible by replacement with a tax on monopolies such as water trading, cyber squatting, taxi licenses and land. “Economists have for hundreds of years pointed...