Australian Greens want big mines, bankers and polluters to pay fair share of tax
Christine Milne: Our progressive tax system isn’t working. Miners, bankers and polluters must pay their share, Guardian , 8 April
The Greens have developed a fully-costed tax proposal that values equality and innovation and adequately taxes the big end of town
… The whole point of tax is to raise the revenue we need to pay for the Australian society we want: the Greens’ vision for this society is one that values equality, is caring, innovative, healthy, and protected from the impacts of global warming. …
We want the big miners, bankers and polluters to pay their fair share first. We have a fully costed platform, which raises almost $80bn over the forward estimates, and proves that if the government was serious about an equitable society and transforming to an innovative economy based on clean energy, services and knowledge, reining in spending, and raising revenue from those who can afford to pay, they could look at a number of measures. …
Abolishing tax breaks for the fossil fuel industry (except those used for agricultural purposes) would raise $10.05bn. The G20, IMF, OECD and World Bank have all urged governments to stop providing subsidies for fossil fuel use. By taking away miners’ tax-free fuel, the government could uphold Australia’s international commitment and also raise $10bn over the next four years alone.
To put it simply, the Greens want genuine restructuring of the Australian economy to make our society more equitable, more innovative and resilient as the world moves to address global warming and global inequality.
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