Comment on Stamp duty 'a bad tax' that distorts the market, housing minister says, welcoming shift to land tax

DarkDarkHouse@lemmy.sdf.org ⁨1⁩ ⁨week⁩ ago

Land tax is a wealth tax that the landed wealthy can’t avoid. Stamp duty is a transaction tax that creates friction in the market. Seems like an obvious winner to me.

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