TAXING SMARTER: WHY A LAND VALUE TAX BEATS INCOME TAXES AND GST

Frank Xiao is a Bachelor of Commerce student at the University of Melbourne, with a long-standing interest in politics and economics that began during his secondary schooling in New Zealand. In this piece, Frank draws on economic theory and real-world evidence to argue that replacing income taxes and the GST with a land value tax could improve housing affordability and boost economic growth, all the while being fairer than the present tax system.