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 [...]
Brilliant article by Ian King from Sky News. Click here to read the article.
Brilliant article by David McWilliams from the Irish Times. Click here to read the article.
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 [...]
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.
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 [...]