{"id":14529,"date":"2022-01-18T16:00:39","date_gmt":"2022-01-18T16:00:39","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=14529"},"modified":"2022-01-18T16:00:39","modified_gmt":"2022-01-18T16:00:39","slug":"billionaires-doubling-fortunes-shows-need-for-greens-billionaires-tax","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2022\/01\/18\/billionaires-doubling-fortunes-shows-need-for-greens-billionaires-tax\/","title":{"rendered":"Billionaires doubling fortunes shows need for Greens\u2019 billionaires tax"},"content":{"rendered":"<p>Greens Leader, Adam Bandt, says revelations in the Oxfam report that Australian billionaires have doubled their already obscene fortunes gives strength to the\u00a0<a href=\"https:\/\/greens.org.au\/campaigns\/tax-billionaires\">Greens\u2019 proposal<\/a>\u00a0for a 6% annual tax on billionaires\u2019 wealth.<br \/>\nOver the course of the pandemic, while people endured lockdowns and hardship, billionaires doubled their wealth to $255 billion, equivalent to the wealth of 7.7 million Australians, held by just 47 people.<br \/>\n<strong>Greens leader, Adam Bandt MP said:<\/strong><br \/>\n\u201cThe Greens are the only party taking progressive tax reform to this election.<br \/>\n\u201cWhile everyone else was doing it tough during the pandemic, Australia\u2019s billionaires made out like bandits and it\u2019s time they paid tax on their obscene wealth.<br \/>\n\u201cThe numbers are clear: we need a billionaires tax and a corporate super-profits tax.<br \/>\n\u201cIf billionaire corporations paid their fair share of tax, we could fix the housing crisis and get free dental and mental health into Medicare.<br \/>\n\u201cIn balance of power after this election, the Greens will kick the Liberals out and push the next government to introduce a billionaires tax.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greens Leader, Adam Bandt, says revelations in the Oxfam report that Australian billionaires have doubled their already obscene fortunes gives strength to the\u00a0Greens\u2019 proposal\u00a0for a 6% annual tax on billionaires\u2019 wealth. Over the course of the pandemic, while people endured lockdowns and hardship, billionaires doubled their wealth to $255 billion, equivalent to the wealth of &hellip; <a href=\"http:\/\/www.16news.com.au\/index.php\/2022\/01\/18\/billionaires-doubling-fortunes-shows-need-for-greens-billionaires-tax\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Billionaires doubling fortunes shows need for Greens\u2019 billionaires tax&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-14529","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/14529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=14529"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/14529\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=14529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=14529"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=14529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}