Australian Greens propose 10% wealth tax on billionaires to fund healthcare and transport.

The Australian Greens propose taxing the country's 150 billionaires with a 10% annual wealth tax, aimed at raising $23 billion over four years and $50 billion over a decade. The funds would support essential services like dental care under Medicare and affordable public transport. Despite potential legal and investment challenges, the plan seeks to address wealth disparity and fund social programs.

5 weeks ago
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