Fool says stamp duties are good for us

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By Leith van Onselen

Motley Fool’s Scott Phillips has penned an article in Fairfax arguing that stamp duty is “good for us” because it “acts as a useful handbrake for out-of-control property speculation”:

You see, stamp duty isn’t the evil tax that many – but particularly politicians, real estate agents and home builders – think it is…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.