Business Reports

Wed Nov 14

the bad economics behind swapping stamp duty for land tax

Written by Cameron Murray, Lecturer in Economics, The University of Queensland

Eliminating stamp duty would bring on more real estate transactions, but that might not be a good thing.Shutterstock

To paraphrase former prime minister Paul Keating, walk into any pet shop in the country and you’ll find the resident galah saying we should swap stamp duty for a land value tax.

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