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Fix the States, fix inflation : Comments
By Jason Falinski, published 27/5/2008Infrastructure bottle necks, high property prices, lack of skilled workers, and wage growth, mostly in the public service, are all the purview of state governments.
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You mention the phrase "rent-seekers" quite a lot in your article and especially how such activity reduces productivity. However any criticism of the most obvious form of rent-seeking, where the phrase comes, is absent.
Assuming you know something about economics, would you care to enlighten those less well versed what would happen if there was a massive increase in land tax which was dovetailed with an equally massive reduction on taxes on the provision of goods and services?