A federal land tax of 0.
The proposed federal land tax would raise almost $8 billion a year from a 0.1 per cent rate on the unimproved value of land – that is the value of property excluding houses and other buildings. Typically, this is about half the value of a residential property. Another “reasonable” option explored by the ANU co-authors Trevor Rose and Professor Breunig was increasing the 10 per cent GST to 11 per cent.However, this ranked behind the preferred option of a low, federal land tax, and the secondary options of including the principal residence in the pension assets test, introducing an inheritance tax, reducing the CGT exemption for the principal residence and cutting the CGT discount for other assets.
Anyone who lined up continuously for wasteful PCR tests, got vaccinated and boosted willingly, used up free rat tests and bayed for lockdowns should pay for this. I’m unvaccinated and used nothing. I’m not paying for other people’s insanity
How about you claw back all the money people recd but didn’t need during Covid. Propping up Qantas propping up Car Dealers. Tax people who have made super profits during Covid
This type of thinking taxing land owners tonrevolt sunk the Roman Empire way back when..
Lol yeah righto. Won’t apply to grandfather purchases so what a stupid proposal
Agree!