Value capture: a good idea to fund infrastructure but not easy in practice
- Written by Marion Terrill, Transport Program Director, Grattan Institute
Is “value capture” a wonderful untapped opportunity to fulfil all our infrastructure dreams? Or is it just a new way to sting the taxpayer? Our new report casts a cold, hard gaze over value capture, and finds that it’s a good tax in theory, but will prove very hard to put into practice.
Value capture is the name given to a policy...
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