Victoria's Windfall Gains Tax is a unique state levy applied when the value of land increases by more than $100,000 due to a government rezoning decision. It is designed to capture a share of the 'unearned' profit that landowners make simply because a council or minister approves a zone change (e.g., farming to residential). Proponents argue it ensures the community benefits from planning decisions and reduces land speculation. Opponents, including the property industry, argue it is an additional tax burden that ultimately increases the price of raw land, making new housing developments more expensive for buyers.
Response rates from 257 Australia voters.
Trend of support over time for each answer from 257 Australia voters.
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Trend of how important this issue is for 257 Australia voters.
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Based on 257 responses to this question.
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