Stamp Duty Most Hated In WA: Survey75% of Western Australians support the abolition of stamp duty according to new research commissioned by the Property Council.Across Australia, 70% of people surveyed support the abolition of stamp duty.The comprehensive report by Newgate Research Community attitudes towards tax reform finds that nine out of ten Australians surveyed supported tax reform which made the system simpler and fairer.Stamp duty on property purchases was ranked as the least fair and most punitive tax, with strong support for increasing GST to retire stamp duty.Three quarters of Australians agree that stamp duty is driving up home prices and make it unaffordable for young people to own their own home.To read more the Property Council’s national statement on the research click here.For a copy of the research itself, download the attachment below.
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