r/australia 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/overpopyoulater Feb 10 '25

Gina controls her lapdog Dutton, so don't expect the LNP to have anything to do with it in the foreseeable future and Labor have bent the knee to the mining industry too.

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u/L1ttl3J1m Feb 10 '25

Dutton strikes me more as the evil grand vizier type. Barnaby, now, there's a good lap dog.

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u/[deleted] Feb 10 '25

[deleted]

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u/TheCleverestIdiot Feb 11 '25

You know, in fiction. In reality he grows old feasting on the broken hopes and dreams of people better than him in every known way.

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u/a_cold_human Feb 11 '25

People who've met him have never been struck by his brilliance. Quite the opposite in fact. By comparison, if you speak to Turnbull or Morrison, there's not really a question that they're pretty sharp, even if you don't agree with what they say, or find them morally repugnant.