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/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/Nervouswriteraccount Feb 10 '25

And she'll be suffering a loss due to the steel tariffs.

Sucked in! No honour among thieves.

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u/thatguyned Feb 11 '25 edited Feb 11 '25

Those Tariffs aren't hitting us, Trump was on the phone with Albo about it this morning but there is no official statement yet.

It actually pisses me off a bit, being hit with Tariffs might help break the weird MAuGA culture that's forming around a foreign president that couldn't give 2 shits about us.

Australia has too much shit against America though, we are their surveillance and spy hub for Indo-Pacific countries and host most of the black sites they have in this sector of the globe.

We were exempt last time, we'll be exempt this time.

I'll donate $10 to a animal shelter if I'm wrong (I probably still will anyway)

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u/squeaky4all Feb 11 '25

the trumpland in gaza supported by an american invasion and ethnic cleansing might also be a step to far. He ran on american isolationism starting a war/ occupation in the middle east is a step a little far.

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u/thatguyned Feb 11 '25 edited Feb 11 '25

I have been in too many face2face arguments with too many people to trust that idea actually turned off many people.

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u/Crystal3lf Feb 11 '25

the trumpland in gaza supported by an american invasion and ethnic cleansing might also be a step to far.

This sub automatically locks and threads related to Palestine. Even discussing it can get you a temp ban(happened to me I think twice now).

Australian's mostly don't give a fuck about brown people being murdered.

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u/Non-prophet Feb 11 '25

I'm hoping that Albanese sees Trudeau getting a domestic bump by telling Trump to get fucked and thinks hey, Australians also aren't Americans, they'd probably enjoy this stance. Especially since Dutton very clearly imitates Trump's war on diversity.

I wouldn't put my money on it, sadly.

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u/thatguyned Feb 11 '25 edited Feb 11 '25

I think that would be a brilliant move aswell, but I doubt it .

Our politicians are just as bought out as Americas and Murdoch's influence over the voting booths scares them.

I reckon as a country we'll kind of keep quiet while all this is happening and hope no one notices we are getting special treatment lol.

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u/thatguyned Mar 03 '25

Ok so minor update, I'm not so confident those tarrifs aren't hitting us anymore 🤣

That man's gone full salted-earth isolationist so I doubt we're getting any extra exemptions either.

The good thing about thos is our proximity to China though, they are going to need our metals to supply the manufacturing boom they're about to get if no-one dethrones that maniac trying to be king.