Wednesday, February 26, 2003

NSW Opposition leader Brogden denies plan to abolish land tax
"The NSW opposition denied a report it promised to abolish land tax, but said it would be a key issue for review if it won government. A community newspaper reported Opposition Leader John Brogden committing a coalition government to removing land tax, a promise NSW Treasurer Michael Egan said would cost $1 billion a year.

"Until now, Mr Brogden has been stating that his sole land tax policy was the abolition of the premium property tax, the tax paid by people whose home has a land value of $1.68 million or more," Mr Egan said. But opposition treasury spokesman George Souris said the coalition only intended to abolish the premium property tax."

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