Search results

Correct, but not sure what that has to do with the proposed question? If one state (or all states) were to eliminate stamp duty in favour of other state taxes that better utilise the land base (e.g. a broader based land tax, or increased council rates etc etc), what would be the impact on...

What's your point?

Yup. But the ACT is small chips - and also most of the people are loaded there. How would it impact a bigger state, or Australia as a whole? That is the question...

Edited my original post - most likely replacement for stamp duty would be an increase in land tax via broadening the base or increasing the rate. This has been proposed numerous times - I'm just curious as to what the impact would be.

Hypothetical question - I'm curious as to what the impact would be. EDIT: I'm not talking about a freebie - I'm talking about a tax shift. So, most likely, would be an increase in the land tax rates or a broadening of the base (e.g. to include owner occupiers and other exempt categories)...