#treasurerhal — Public Fediverse posts

New tax reforms if ChatGPT replaced Treasurer Jim Chalmers

Tired of hearing there's no money for housing, healthcare or climate action? Here's what a fairer system could look like — one that finally includes everyone, not just everyday consumers:

💼 National Turnover Levy
Big business pays a tiny 0.2% on gross revenue (not profit). If you're pulling in $100 million+, you can chip in. No more creative accounting to dodge the system.

🏢 Corporate Minimum Tax
Multinationals must pay at least 15% on Australian income. No more booking profits in Bermuda while using our roads, workers and infrastructure.

🌐 Digital Services Tax
Platforms like Google, Meta, Netflix, and Amazon pay 3% on local revenue. If they make billions off Aussie users, they should contribute something real.

📈 Financial Transactions Levy
Micro-tax on large stock trades and derivatives. Designed to rein in speculative churn and make the finance sector part of the national effort.

🛥️ Expanded Luxury Tax
Cars over $75k, watches, art, boats, and second homes above $3 million get taxed harder. Because yachts shouldn’t be cheaper to tax than bread.

🧾 GST Compliance Overhaul
Mandatory real-time reporting for businesses over $1m turnover. AI audit trails to stop GST rorts. Less fraud, more hospitals.

💰 This isn’t radical — it’s overdue. If working people have to pay their fair share, so should the rest.

#auspol #taxreform #economicjustice #taxtherich #digitaltax #bigtech #wealthinequality #banks #inequality #treasurerhal

New tax reforms if ChatGPT replaced Treasurer Jim Chalmers

Tired of hearing there's no money for housing, healthcare or climate action? Here's what a fairer system could look like — one that finally includes everyone, not just everyday consumers:

💼 National Turnover Levy
Big business pays a tiny 0.2% on gross revenue (not profit). If you're pulling in $100 million+, you can chip in. No more creative accounting to dodge the system.

🏢 Corporate Minimum Tax
Multinationals must pay at least 15% on Australian income. No more booking profits in Bermuda while using our roads, workers and infrastructure.

🌐 Digital Services Tax
Platforms like Google, Meta, Netflix, and Amazon pay 3% on local revenue. If they make billions off Aussie users, they should contribute something real.

📈 Financial Transactions Levy
Micro-tax on large stock trades and derivatives. Designed to rein in speculative churn and make the finance sector part of the national effort.

🛥️ Expanded Luxury Tax
Cars over $75k, watches, art, boats, and second homes above $3 million get taxed harder. Because yachts shouldn’t be cheaper to tax than bread.

🧾 GST Compliance Overhaul
Mandatory real-time reporting for businesses over $1m turnover. AI audit trails to stop GST rorts. Less fraud, more hospitals.

💰 This isn’t radical — it’s overdue. If working people have to pay their fair share, so should the rest.

#auspol #taxreform #economicjustice #taxtherich #digitaltax #bigtech #wealthinequality #banks #inequality #treasurerhal