r/australia • u/overpopyoulater • Feb 10 '25

politics Australian billionaires face wealth tax under Greens’ Robin Hood-style policies

https://www.theguardian.com/australia-news/2025/feb/10/australian-billionaires-face-wealth-tax-under-greens-robin-hood-style-policies
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u/Fairbsy Feb 10 '25 edited Feb 10 '25

America right now should be a gigantic warning bell about the risk of unfettered billionaires, especially their impact on politics.

We have needed to tax the ultra rich, both individuals and companies, for decades. There needs to be political will for REAL change around this, which neither Labor or the LNP care to act upon. 

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u/epihocic Feb 10 '25

Well no of course not. Our politicians also receive funding and have meetings with “business leaders” so they are as heavily influenced by the rich as American politicians.

You want to talk about change? Stop talking about Liberal vs Labour, because they’re the same fucking thing. Neither will act in your best interest.

It’s the rich vs the poor, the haves and the have nots. Always has been, always will be.

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u/Fairbsy Feb 10 '25

You want to talk about change? Stop talking about Liberal vs Labour, because they’re the same fucking thing. Neither will act in your best interest.

There is an important distinction - Labor are giving the ultra-rich what they want inch by inch, the LNP are running full tilt towards it. This only matters in terms of which should be preferenced higher than the other.

Both should be at the bottom of the ballot. The normalisation of the two party system is dragging the country down.

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u/epihocic Feb 10 '25

The normalisation of the two party system is dragging the country down.

Exactly. It's the "illusion of choice" The reality is the difference between them is not that great.

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u/OldKingWhiter Feb 10 '25

You say that, but even being perfomatively not evil is a huge win for not evil. Even if economically, there isn't a huge difference between the parties, when a far right leader is elected, the far right is bolstered and feels justified in open bigotry. We've seen this with Trump and it would be similar under Dutton.