How will we pay for it?
Victorian Socialists
We live in a rich state, yet resources are unevenly shared. We want to tax the wealth of the billionaires and banks. This wealth should fund essential services.
record src_vicsocialists_how_will_we_pay
Quoted from this source 4 passages
“Apply a 10 percent wealth tax per year on billionaires living in Victoria and a 10 percent tax on assets in Victoria owned by billionaires living outside Victoria.”
“Apply a luxury properties tax on the top 1 percent of most valuable residences in Victoria, charged at 5 percent of their last sale price per year.”
“Impose a Major Retailer Super-Profits Tax of 20 percent on any retailer earning over $100 million in profit nationally per year.”
“Double the payroll tax for large companies and trusts with wages above $5 million.”
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