ABC Australia: "If we taxed land properly, we'd have billions of extra dollars to fund big tax cuts elsewhere. So why don't we do it?"

https://www.abc.net.au/news/2024-03-24/tax-land-properly-27-billion-in-tax-revenue-prosper-australia/103623806

Never mind the myth about taxes funding our federal government, what we would have is far less inequity of wealth & power & a vastly more successful society.

#auspol #poliics #macroeconomics

If we taxed land properly, we'd have billions of extra dollars to fund big tax cuts elsewhere. So why don't we do it?

Prosper Australia says if we were smarter about taxing land, we could slash taxes on workers and businesses, writes Gareth Hutchens. 

ABC News

@peterrelph Let me guess why we don't- because it would mean taxing the very same people who hold the purse strings to party donations, and nothing interests politicians more than their campaign funds.

#auspol