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Our ABC promotes a "Wealth Tax" proposal., page-67

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25,137 Posts.

72

18/01/22

14:18

Post #: 58948067
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Originally posted by Sidonicus1: ↑

This topic never fails to make me laugh. "Socialist Venezuela and Cuba" bwahahahhaha

Who realises nearly every OECD country has a capped inheritance tax ?
Who realises Aus used to have one until it was removed in response to a Johannes Bjelke-Petersen policy ?
Who realises we have a higher per-capital debt than Cuba ?
Who realises inheritance tax would kick in above $10Mill ?
Who's planning to leave more than $10Mill behind and is threatened by this?

"Socialist Venezuela and Cuba" .... bwhahahahah

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It would raise some money for a few years then stuff all after that as people got used to it and use the rules.
Just like the super profits tax.
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