Treasurer Jim Chalmers said ‘there are too many properties empty around Australia’ as tight supply leaves many renters struggling to find somewhere to live.
The best way to give domestic workers an advantage would be to really raise property taxes, but make them subtractable as a tax credit.
Credit… not deductible, so overall tax burden on workers would be lower.
This would be an easy and logical step away from taxing labour and moving to taxation of land.
The best way to give domestic workers an advantage would be to really raise property taxes, but make them subtractable as a tax credit. Credit… not deductible, so overall tax burden on workers would be lower.
This would be an easy and logical step away from taxing labour and moving to taxation of land.