My first instinct is "yes" but then I thought about it and I think it's just going to exacerbate the short-stay problem unless combined with other measures.

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[–] Getawombatupya@aussie.zone 2 points 1 year ago (3 children)

Fuck a flat land tax idea. On top of GST, Income Tax, Rates and interest (plus stamp duty), it's just a money grab.

[–] w2qw@aussie.zone 2 points 1 year ago* (last edited 1 year ago) (1 children)

I mean like do you have an alternative to taxes? The whole point of this is you'd pay less after the switch.

[–] Getawombatupya@aussie.zone 1 points 1 year ago

Honestly, I've been on this rock long enough to know a new tax goes on the the rest don't come off.

[–] DogMuffins@discuss.tchncs.de 2 points 1 year ago (1 children)

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.

[–] w2qw@aussie.zone 3 points 1 year ago (1 children)

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.

However, completely retarded in the digital age. Productivity does not require land anymore.

If this was the case land wouldn't make up the majority of "wealth" and we wouldn't be having a housing crisis.

[–] DogMuffins@discuss.tchncs.de 1 points 1 year ago

True, increasing land tax is a great idea.

Property is valuable but generally we don't tax wealth, only production.

[–] briongloid@aussie.zone 1 points 1 year ago

This issue is actually what undid Margaret Thatcher