The 59 leading economists surveyed by Economic Society of #Australia were asked to pick from a list of options. How top economists would raise $20 billion per year.
#landtax #resourcetax #InheritanceTax #negativegearing #taxtherich #auspol
#australia #LandTax #resourcetax #InheritanceTax #negativegearing #taxtherich #auspol
@neltnerb @clacke @strypey @wyatwerp
The Luxury Goods Tax was just under 20% if our memory is correct.
#InheritanceTax is not needed if you have a good Progressive LandTax based on rental value (aka #ImprovedValue) of the land. The unproductive will slowly free themselves of the property to someone who can use it, or better still turn it over to the local community/council for greenSpace, because there be no taxes on that — and maybe even credits, *wink*
…new-parks-and-reserves-yay.
#InheritanceTax #ImprovedValue