Harnessing Monopoly to Finance Government

Total Resource Rents of Australia

The Total Resource Rents of Australia report finds the complete removal of income, company and sales tax is possible by replacement with a tax on monopolies such as water trading, cyber squatting, taxi licenses and land.

“Economists have for hundreds of years pointed to a more efficient system by harnessing the naturally rising value of scarce resources as the tax base. Few reports have calculated if this is actually possible” said report author Karl Fitzgerald.

- Press Release: http://www.prosper.org.au/2013/12/03/harnessing-monopoly-to-finance-gove...

- Full Report: http://www.prosper.org.au/wp-content/uploads/2013/12/TRRA_2013_final.pdf