Australia must get on board with the global billionaires\u2019 tax proposed at the G20 meeting, the Greens say.<\/p>\n\n\n\n
\u201cAs the gulf between super-wealthy and everyday Australians widens, the need for fair tax policy grows every day,\u201d Greens Economic Justice Spokesperson Senator Nick McKim said.<\/p>\n\n\n\n
\u201cThe G20 proposal is for a 2% annual tax on the world’s richest people, which would be the bare minimum, given the frightening pace at which they have accumulated wealth in recent years.\u201d<\/p>\n\n\n\n
\u201cWhile billionaires have seen their fortunes more than double since the start of the pandemic, millions of Australians continue to grapple with the cost of living crisis.\u201d<\/p>\n\n\n\n
“Amid a backdrop of rising inequality and a climate crisis, the global tax on billionaires is a moral necessity.\u201d<\/p>\n\n\n\n
\u201cThe Greens have long advocated for making billionaires and big corporations pay their fair share, aiming to redirect wealth towards creating a society that values people over profit.\u201d<\/p>\n\n\n\n
\u201cBy supporting measures such as an annual wealth tax on billionaires, Australia can invest in essential services like healthcare, education, and social services, which have been eroded by years of neglect by the major parties.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Australia must get on board with the global billionaires\u2019 tax proposed at the G20 meeting, the Greens say. \u201cAs the gulf between super-wealthy and everyday Australians widens, the need for fair tax policy grows every day,\u201d Greens Economic Justice Spokesperson Senator Nick McKim said. \u201cThe G20 proposal is for a 2% annual tax on the … Continue reading “AUSTRALIA MUST SUPPORT GLOBAL BILLIONAIRES\u2019 TAX”<\/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-25485","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\/25485","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=25485"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/25485\/revisions"}],"predecessor-version":[{"id":25486,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/25485\/revisions\/25486"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=25485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=25485"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=25485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}