Sunday, January 19, 2003

Jervis Bay: Land Values rise by 300% over last 3 years
A boom of this magnitude should set the alarm bells ringing as to the inevitable bust. Land value taxation at higher rates, of course, will act to dampen the boom. And persons who own two or more valuable properties can hardly be described as underprivileged. The Herald, of course, frames the story primarily in terms of the 'injustice' of land tax to the 'entrapped' landowners. This article is in fact a typical example of media bias. The relevant facts are correctly carried, however the choice of headline and the first paragraph emphasise the message that is wanted to be got across, ie that land tax is unfair.

No comments: