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blueballs

18,320 Posts.

403

08/04/24

16:45

Post #: 73243739
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Originally posted by nursery ↑

"
tax the uber rich more and ban lobbying until then"

I think they pay more tax than the really should. They could be taxed to a point where they are no longer rich or just take their money overseas. Where would that tax be spent if taxed in Australia. Would it go to welfare and be unproductive. Those "rich' provide the capital for industry to employ people. The level of tax would mean where the money eventually employs people. High tax in Australia means it goes overseas and employs people overseas. That's what capitalism is all about.

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Even the Uber rich want to be taxed they realise how ridiculous it is….

'Tax us': Billionaires' bizarre request at World Economic Forum in Davos. 250 of the world's rich listers have asked to be taxed more, with one young heiress saying she wants to escape the “swamp” of her huge wealth.18 Jan 2024

https://www.news.com.au › wealth
Billionaires, millionaires asked to be taxed more at World Economic Forum in Davos
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