Social problems

/Social problems

We win a gold medal!

If there were an Olympic gold medal for inflating real estate prices Australia would win most of the time. We have two of the five least affordable real estate markets on the planet — Sydney and Melbourne. We have an unfettered banking system that lends like there's no tomorrow. We have an abundance of cashed up foreign buyers [...]

Want to fix the housing crisis? Tax land

Brilliant article by David McWilliams from the Irish Times. Click here to read the article.

By | 2017-12-09T19:47:04+00:00 January 12th, 2018|Article, Economic problems, Housing affordability, Income tax, Land tax, LVT, Social problems|Comments Off on Want to fix the housing crisis? Tax land

Income tax is plain crazy

If you lift your head out of the "conventional thinking bucket" for a moment you might be hit with an epiphany. Taxation should be simple, fair, understandable, efficient and penalise productive economic activity as little as possible. Income tax fails all those tests. Not some of them but all of them. The Tax Act (last [...]

By | 2017-12-08T18:42:04+00:00 January 5th, 2018|Article, Economic problems, Income tax, Social problems|Comments Off on Income tax is plain crazy

Victoria to get tax on unoccupied properties

The state of Victoria is to get a tax on unoccupied properties. The new tax, called Vacant Residential Property Tax (VRPT), is expected to raise around $80 million over four years and will come into effect on 1 January 2018. Click here to read the article.

By | 2017-12-08T16:21:28+00:00 December 12th, 2017|Current events, Economic problems, Housing affordability, Social problems|Comments Off on Victoria to get tax on unoccupied properties

Synopsis of Progress and Poverty

This synopsis comes from the website Wealth and Want. It was inspired by Dr. James Busey's condensation of the 565-page original, was extracted by Alfred J. Katzenberger, Jr., of the Public Revenue Education Council in St. Louis and the St. Louis Teachers Union, Local 420 of the American Federation of Teachers. About the Author Henry George [...]

By | 2017-12-08T13:55:41+00:00 November 5th, 2016|Economic problems, Henry George, Poverty, Progress and Poverty, Social problems|Comments Off on Synopsis of Progress and Poverty