Why can they not simply abolish the tax?

Surely the costs associated with the reason for this tax are far below the revenue generated. We already pay income tax and then to have to pay these other taxes using already taxed money is a joke. Let's see some value come back our way. Would be nice for Money mag to actually do a case stuffy of a 'normal' income and how much of the gross income ends up in taxes... along the whole list of life spending. I'm convinced that if the average Aussie understood this, there would be a huge realisation of why we really work... to pay taxes and debt.

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Well, Brebdan, do you like roads?

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I seem to recall that stamp duty was one of those taxes that was supposed to be abolished with the introduction of GST.

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Yes it was psrt of the promised made to convince the long suffering tax payers of NSW ( and Australia) to accept the GST.I guess it "wasn't a core promise" and so could be ignored. What confidence could there be in another round of promises to remove a tax

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With interest rates so low, why would anyone opt to pay a new tax forever more, rather than borrow and pay it off, then that tax stays with that property, a burden on the next owner forevermore. What happens if someone entitled to nil stamp duty buys a property that has this tax applied?

Instead of taxing everyone more and more, stop being so wasteful with the income the government enjoys, we are a growing nation, surly this can be done through a small increase in GST. Stop wasting money, cut back on defence and social security for a start.

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