Wealth and the rest of us

I noticed 2 things recently - the Government reduced struggle class funding by about 25% - and some of the billionaires have realised a corona bonus of 100% increase in gross wealth

 

I suppose both have no nett personal income tax but one seems a little unfair ....

 

Might be time look at creating a supplimentary income tax by taxing business owners and shareholders based upon gross operating revenue of their business holdings , say at a flat rate of 0.1%

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Wealth and the rest of us

Australia is like America but a few steps behind. John Howard IMO was one of the greatest supporters of the class system. Yes, there are people who believe strongly that one class should rule over another. To them that's the way it has always been and that's the way it should always be.

 

Two good films to watch are below

 

Capitalism: A Love Story by Michael Moore 

 

America: From Freedom to Fascism  by Aaron Russo 

 

Certain companies are going to do very well out of the crisis the world is in today. To them, what is taking place is a blessing. To the common people it's obviously a curse.

 

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Wealth and the rest of us

With all due respect - Australia is nothing like America.

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Wealth and the rest of us

I saw an interview yesterday with an American economist (I think). He said the middle class has almost disappeared over there. He said the country is now largely divided into the working and upper classes and the gap between the two is quite broad. And then there are the poor and super rich.

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Wealth and the rest of us

"With all due respect - Australia is nothing like America"

Give 'em time. The LNP, IPA,Murdoch.
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Wealth and the rest of us

They can't even spell. 

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Wealth and the rest of us


@myoclon1cjerk wrote:

"With all due respect - Australia is nothing like America"

Give 'em time. The LNP, IPA,Murdoch.

Yes exactly! In time it will be.  We can thank Howard for bringing Australia closer to the US as far as the destruction of medicare, the middle class and bestowing draconian powers on law enforcement etc..

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Wealth and the rest of us


@4channel wrote:

@myoclon1cjerk wrote:

"With all due respect - Australia is nothing like America"

Give 'em time. The LNP, IPA,Murdoch.

Yes exactly! In time it will be.  We can thank Howard for bringing Australia closer to the US as far as the destruction of medicare, the middle class and bestowing draconian powers on law enforcement etc..


Gee - got a bit worried there - had to Google.

 

Yep - we still have - Medicare.

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Wealth and the rest of us

Medicare still  exists in Australia but for how much longer? If another Howard-like PM got in or is in, then Medicare will eventually go away. IMO, Howard had a strong desire to bring Australia closer to the US in more ways than one. He wanted to see the destruction of medicare, the middle class.  He wanted to be a an iconic figure  in the history of the rise of the Neo-Con Empire. He wanted to give powers to law enforcement that would eventually see Australia be similar to a police state. IMO also, he favoured people of one colour, his own!

And did he tell lies?

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Wealth and the rest of us

Oh come now - Howard left government 13 years ago.

 

But that is around the time of some of the links given for - ' theories '.

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