The Taxable Capacity of Australian Land and Resources (Dwyer)
Dwyer's Australian Tax Forum study estimating that Australian land and resource rents are large enough to replace existing taxation — the most-cited national revenue-capacity calculation in the modern Georgist literature, and the empirical companion to ATCOR.
Summary
Terence Dwyer's "The Taxable Capacity of Australian Land and Resources" (Australian Tax Forum, 2003) works through Australia's national accounts to estimate whether land and resource rents could replace existing tax revenue, concluding the base is substantially larger than conventional measures suggest — the most-cited national revenue-capacity calculation in the modern Georgist literature.[1] It underpins later Australian work (Fitzgerald's Total Resource Rents of Australia) and is cited in Doucet's Land is a Big Deal (Ch. 14); Dwyer also supplies the "superneutrality" argument carried in the Corruption of Economics postscript.[2] Stub pending full read: [VERIFY: the headline rent/GDP and revenue-replacement figures on direct read — do not cite magnitudes until then.]
See Also
- Land rent could fund government — the outcome this bears on
- ATCOR · Objection: LVT can't raise enough revenue
Sources
- Terence Dwyer, "The Taxable Capacity of Australian Land and Resources," Australian Tax Forum 18(1), 2003. PDF (Prosper mirror) — used for thesis and venue (A-claims; full text unfetched from this environment — see verification note).
- Mason Gaffney & Fred Harrison, The Corruption of Economics (1994 / 2022 postscript) — used for Dwyer's superneutrality argument (A-claim with book locator). Book page