RESULTS OF FAILING TO TAX LAND VALUES

1. No universal income delivered from the 50% of the economy available as economic rent but taken by rent seekers
2. Unemployment
3. Centrelink
4. 60,000 ‘charities’
5. Poverty
6. Homelessness
7. High land prices
8. Unaffordable ‘housing’
9. Increased mortgage debt
10. Lower wages
11. Lower non-rent profits
12. Greater monopoly
13. Obscene wealth for a few
14. Higher taxes
15. Inadequate infrastructure
16. Unions calling for wage increases
17. Businesses calling for a reduction in wages

Now we’re off to elect a government that ensures we’ll continue not to tax land values!

Australians actually applaud impossibly high house prices at auctions! 🙁