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The Times

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two out of three ain't bad

  • Written by Brendan Coates, Program Director, Household Finances, Grattan Institute

Victorian treasurer Tim Pallas’s three-pronged strategy to raise an extra A$2.7 billion in property taxes over the next four years is a case of two out of three ain’t bad.

Land tax ✅

First, Pallas will raise $1.5 billion over four years by lifting land taxes on landholdings worth between $1.8 and $3 million by 0.25%, and by 0.3...

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