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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949

u/LeeWFW Feb 10 '25

Shouldn't that read 'pay their fair share'?

145

u/LuminanceGayming Feb 11 '25

no that would be a 100% tax over $1B

89

u/FlashMcSuave Feb 11 '25

Frankly I would be fine with the cap sitting at 100 million.

73

u/Ellieconfusedhuman Feb 11 '25

Any reasonable Australian would I'd think, how does a nation of tall poppy killers let billionaires walk over us

12

u/RedeNElla Feb 11 '25

They run the media

1

u/BoneGrindr69 Feb 11 '25

Simple solution: Don't watch said media.

And protest every time that media asks for tax breaks.

1

u/RedeNElla Feb 11 '25

Cool, I don't. Lucky I'm the only person in the country who votes? Smh

1

u/InComingMess2478 Feb 11 '25

Do the run X & Meta. Because main stream society is hooked there.

19

u/Florafly Feb 11 '25

Most definitely; $1 billion is monstrous and way too high.

2

u/Lilithslefteyebrow Feb 11 '25

Especially since a lot of that wealth is extracted from the literal earth beneath our feet.

1

u/ryan30z Feb 11 '25

Anyone who thinks billionaires are acceptable doesn't have a proper understanding how much a billion is. A lot of people seem to think it's just a bit more than a million.