Axing stamp duty is a great idea, but NSW is going about it the wrong way
/Republished from The Conversation.
In tax as in many endeavours, it’s easy to work out how things should be; harder to work out how to get there.
In NSW, Treasurer Dominic Perrottet wants to replace the one-off stamp duty on real estate transactions with an annual land tax.
In the long run, this one single reform could produce the biggest possible gains of any tax reform, state or federal.
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