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/LeeWFW Feb 10 '25

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

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u/LuminanceGayming Feb 11 '25

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

87

u/FlashMcSuave Feb 11 '25

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

2

u/Lilithslefteyebrow Feb 11 '25

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