Billionaires and millionaires also are typically employers of many Australians. They also pay vast sums of tax in the form of company, FBT, luxury car tax, stamp duty, GST and personal income tax.
Manufacturing outrage and vitriol towards them, is an attempt by the politicians and bureaucrats to pass the buck. We have a government problem, not a business problem.
He left Australia after paying an estimated $100,000,000 in tax and he still employs 850 staff.
Under every post like this, you can see people saying ‘who cares about billionaires?’.
What people need to understand is that the system that allows billionaires to make money is the same one that allows them to make money even at different rates.
That’s why envy is such poison, a system born out of envy just makes everyone poor and miserable.