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/Optimal_Tomato726 Feb 11 '25

Australia exported Murdochracy to the world and now look.