𝙻𝚘𝚗𝚐𝙼𝚊𝚌𝚃𝚘𝚙𝚙𝚎𝚍𝚄𝚙@aussie.zone to Australian Politics@aussie.zone · 2 days agoStamp duty 'a bad tax' that distorts the market, housing minister says, welcoming shift to land taxwww.abc.net.auexternal-linkmessage-square8fedilinkarrow-up118arrow-down10
arrow-up118arrow-down1external-linkStamp duty 'a bad tax' that distorts the market, housing minister says, welcoming shift to land taxwww.abc.net.au𝙻𝚘𝚗𝚐𝙼𝚊𝚌𝚃𝚘𝚙𝚙𝚎𝚍𝚄𝚙@aussie.zone to Australian Politics@aussie.zone · 2 days agomessage-square8fedilink
minus-squareNath@aussie.zonelinkfedilinkarrow-up3·2 days agoHaven’t most of the states privatised (or commercialised) their Land Registries/Stamp Duty processes? How could this work if they have 50-year contracts with private businesses who are taking the proceeds of Stamp Duty transactions?
minus-squareNo1@aussie.zonelinkfedilinkarrow-up1·edit-21 day agoPayout massive penalties to mates to settle the breach of contract. Sell off new contract with guaranteed profits to mates to stick it to the plebs again.
minus-squareGorgritch_Umie_Killa@aussie.zonelinkfedilinkarrow-up2·2 days agoSimple, apply the toll roads business model… /s
Haven’t most of the states privatised (or commercialised) their Land Registries/Stamp Duty processes? How could this work if they have 50-year contracts with private businesses who are taking the proceeds of Stamp Duty transactions?
Payout massive penalties to mates to settle the breach of contract.
Sell off new contract with guaranteed profits to mates to stick it to the plebs again.
Simple, apply the toll roads business model… /s