In 1910, the Commonwealth Government introduced a land tax to provide for more defence spending and to prepare for the increase in migration. The land tax was chosen to encourage large-scale land owners to subdivide their land and sell it to small-scale settlers.
Different types of taxes affect taxpayers in different ways. Work out the difference between progressive, proportional and regressive taxes and test your understanding of these three tax types.
|Tax: who, what, how and why|