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Land tax is no silver bullet to Australia's taxation

Comments on Mardi Dungey "The new economy - how do we get there from here?" 24/06/2015      

Although land tax is more efficient than income tax thanks to the immobility of land, it is harder to address equity like the progressive income tax can.

It's not too different to GST: it may be regressive as opposed to progressive. Why have successive governments from both sides of the major political parties not wanted to change either its scope or rates serves a good reminder the fact that GST is no bullet proof for Australia's taxation issues.

he argument for efficiency of a tax, therefore, has to be balanced with distribution aspects of taxes.

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