Land tax is socialist and should be banned

Michael de Percy

Land tax is socialist and should be banned

Research output: Contribution to Newspaper/Magazine/Bulletin › Featured 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.

Original language	English
Pages	1-4
Number of pages	4
Specialist publication	The Spectator Australia
Publication status	Published - 23 Oct 2024

Access to Document

https://www.spectator.com.au/2024/10/land-tax-is-socialist-and-should-be-banned/

Cite this

@misc{0ab71b3bfb894a81b0591b0a6f4b4e19,

title = "Land tax is socialist and should be banned",

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.",

keywords = "Sales Tax, GST, Taxation Policy, Stamp Duty, Fiscal Policy, Road User Charging, Land Tax, Housing Policy",

author = "{de Percy}, Michael",

year = "2024",

month = oct,

day = "23",

language = "English",

pages = "1--4",

journal = "The Spectator Australia",

issn = "0038-6952",

}

TY - GEN

T1 - Land tax is socialist and should be banned

AU - de Percy, Michael

PY - 2024/10/23

Y1 - 2024/10/23

N2 - 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.

AB - 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.

KW - Sales Tax

KW - GST

KW - Taxation Policy

KW - Stamp Duty

KW - Fiscal Policy

KW - Road User Charging

KW - Land Tax

KW - Housing Policy

M3 - Featured article

SN - 0038-6952

SP - 1

EP - 4

JO - The Spectator Australia

JF - The Spectator Australia

ER -

Land tax is socialist and should be banned

Abstract

Access to Document

Fingerprint

Cite this