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DavoMagic

17,542 Posts.

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14/06/24

19:41

Post #: 74324594
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Originally posted by CharlieShares: ↑

completely backwards mentality and exactly why Victoria is stuffed

No one is investing in Victoria because taxes and cost are too high

building red tape and costs are another example

there is a reason billionaires and other high networth individuals flocks to places like Dubai and Monaco

you need too realise taxing people only shinks the pie and reduces investment and thus eventually reduces economic activity - resulting in less revenue for governments and high debt - this is why communism doesnt work and socialism in the end if a 'ponzi' scheme

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costs are too high because prices are too high from the left.

Property needs to be taxed to get prices down otherwise Victoria will collapse
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