Libertarians and conservatives denounce Pigovian taxation because it would serious decrease profits for those doing the cost externalisation e.g. the wealthy and big business. Because uncorrected external effects are so rampant and thus a sign of the grave inefficiencies of capitalism, they have to be denied to even exist.
Mr. Clyde Cameron AO was the member for Hindmarsh in South Australia. These speech extracts were published in Progress Magazine, December 1968. One of the biggest difficulties for people wanting to build a house today is to find a suitable…
By Clare Tindall. This is an excerpt of a piece that was originally presented almost 50 years ago, at a Georgist Youth Night in 1967. It was published in the October 1967 edition of Progress Magazine. It is at such…
This speech is taken from Progress Magazine Issue No. 936, February 1988. It’s by Morris Williams, member for Doncaster and a past president of Prosper Australia (then known as Tax Reform Australia). SPEECH FOR LAND TAX IN THE VICTORIAN PARLIAMENT…
Midnight Wednesday, the Queensland Parliament amended the Local Government Act and the City of Brisbane Act to legalise the theft of around $2.3 billion in differential rates charged by 20 councils on non-resident owners over the last twenty years.…
The Queensland Supreme Court has struck out the differential rate some Queensland councils charge investors over and above residents on similar properties. Councils may be forced to pay it all back. $300 million a year is in doubt. This landmark…
Sometimes, through the smoke and fireworks of the national debate a political commentator sees the path forward and points the way. Today in the Australian Financial Review, Alan Mitchell takes a far-sighted approach to the crisis provoked by the Abbott…
There is a better revenue base available to Victoria today: State Land Tax. Just remove its exemptions, thresholds and wheezes and consign Stamp Duty to the scrapheap. That SLT has deadweight losses of nil, so no wasted lives or people trapped in and out of housing.
WA Treasurer Mike Nathan has heard the call from REIWA President David Airey to end Stamp Duty and fund this by removing exemptions from State Land Tax
Yesterday REIWA president David Airey issued a call in the West Australian newspaper for the WA government to abandon Stamp Duty and fund this by removing the many wheezes from the tattered State Land Tax. Hooray! Airey says: “It’s time…