Land tax is socialist and should be banned

Research output: Contribution to Newspaper/Magazine/BulletinFeatured article

Abstract

Stamp duty makes it more difficult to purchase a home. Not only does it increase the initial outlay required, but it also adds to the strain of meeting stringent savings requirements to secure a mortgage. But make no mistake, a land tax for homeowners is worse. It is effectively rent on what should otherwise be freehold land.

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