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Could a tax against empty homes help end Australia's housing crisis? (www.abc.net.au)
submitted 2 years ago by TassieTosser@aussie.zone to c/australia@aussie.zone
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My first instinct is "yes" but then I thought about it and I think it's just going to exacerbate the short-stay problem unless combined with other measures.

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[-] w2qw@aussie.zone 3 points 2 years ago

Yeah that single tax movement has been around since the 1880s. Replacing all other taxes is maybe a bit extreme but pretty much all economists suggest increasing land taxes including our own Henry Tax review.

However, completely retarded in the digital age. Productivity does not require land anymore.

If this was the case land wouldn't make up the majority of "wealth" and we wouldn't be having a housing crisis.

[-] DogMuffins@discuss.tchncs.de 1 points 2 years ago

True, increasing land tax is a great idea.

Property is valuable but generally we don't tax wealth, only production.

this post was submitted on 20 Jul 2023
126 points (99.2% liked)

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