this post was submitted on 20 Jul 2023
126 points (99.2% liked)
Australia
3616 readers
74 users here now
A place to discuss Australia and important Australian issues.
Before you post:
If you're posting anything related to:
- The Environment, post it to Aussie Environment
- Politics, post it to Australian Politics
- World News/Events, post it to World News
- A question to Australians (from outside) post it to Ask an Australian
If you're posting Australian News (not opinion or discussion pieces) post it to Australian News
Rules
This community is run under the rules of aussie.zone. In addition to those rules:
- When posting news articles use the source headline and place your commentary in a separate comment
Banner Photo
Congratulations to @Tau@aussie.zone who had the most upvoted submission to our banner photo competition
Recommended and Related Communities
Be sure to check out and subscribe to our related communities on aussie.zone:
- Australian News
- World News (from an Australian Perspective)
- Australian Politics
- Aussie Environment
- Ask an Australian
- AusFinance
- Pictures
- AusLegal
- Aussie Frugal Living
- Cars (Australia)
- Coffee
- Chat
- Aussie Zone Meta
- bapcsalesaustralia
- Food Australia
- Aussie Memes
Plus other communities for sport and major cities.
https://aussie.zone/communities
Moderation
Since Kbin doesn't show Lemmy Moderators, I'll list them here. Also note that Kbin does not distinguish moderator comments.
Additionally, we have our instance admins: @lodion@aussie.zone and @Nath@aussie.zone
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Fuck a flat land tax idea. On top of GST, Income Tax, Rates and interest (plus stamp duty), it's just a money grab.
In the 80s I think there were a few proponents saying that a land tax could replace all other taxes. Very broad based and efficient.
IDK if it was a good idea, it probably would've been good in the 80s IMO.
However, completely retarded in the digital age. Productivity does not require land anymore.
Yeah that single tax movement has been around since the 1880s. Replacing all other taxes is maybe a bit extreme but pretty much all economists suggest increasing land taxes including our own Henry Tax review.
If this was the case land wouldn't make up the majority of "wealth" and we wouldn't be having a housing crisis.
True, increasing land tax is a great idea.
Property is valuable but generally we don't tax wealth, only production.
I mean like do you have an alternative to taxes? The whole point of this is you'd pay less after the switch.
Honestly, I've been on this rock long enough to know a new tax goes on the the rest don't come off.
This issue is actually what undid Margaret Thatcher