Greens unveil bold housing plan to bring down the cost of buying a home by abolishing stamp duty and “ultra-wealth tax”
Australian Greens Victoria
The Victorian Greens have unveiled the details of their bold plan to bring down the cost of buying a home.
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Quoted from this source 2 passages
“increase land tax to 5.3% for property investors that own more than $5 million in residential investment properties, raising $6.4 billion over the decade.”
“If you can afford $5 million worth of investment properties, we think you can pay a little bit more to make housing more affordable for everyone else.”
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