{"id":21085,"date":"2026-08-10T02:49:10","date_gmt":"2026-08-10T02:49:10","guid":{"rendered":"https:\/\/futureknowledge.in\/?p=21085"},"modified":"2026-08-10T02:49:10","modified_gmt":"2026-08-10T02:49:10","slug":"calls-to-tax-billionaires-are-growing-is-there-a-better-way-to-tax-the-rich","status":"publish","type":"post","link":"https:\/\/futureknowledge.in\/?p=21085","title":{"rendered":"Calls to tax billionaires are growing. Is there a better way to tax the\u00a0rich?"},"content":{"rendered":"<p>If you like this article, share it with your friends.<\/p>\n<p>Should billionaires pay more tax?\u00a0Californians\u00a0will vote on whether to introduce a billionaire tax in November. In the United Kingdom,\u00a0economists\u00a0recently called for a net wealth tax on assets over \u00a310 million (about A$19 million).<\/p>\n<p>Australia may seem absent from the debate, but it shouldn\u2019t be. The same question confronting other countries applies here too: should people with extraordinary wealth contribute more tax, and if so, what\u2019s the best way to achieve it?<\/p>\n<p>How do billionaires accumulate wealth? To answer that question, it\u2019s first important to understand that people with substantial wealth accumulate it differently from most Australians.<\/p>\n<p>Unlock this article with bonus extended access for all logged in readers.<\/p>\n<p>Save over 60% on your first year of unlimited access and no ads. Renews at $199\/year. Cancel anytime.<\/p>\n<p><em>Source: <a href='https:\/\/www.crikey.com.au\/2026\/08\/10\/taxing-billionaires-australia\/' target='_blank'>Read the original article on www.crikey.com.au<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you like this article, share it with your friends. Should billionaires pay more tax?\u00a0Californians\u00a0will vote on whether to introduce a billionaire tax in November. In the United Kingdom,\u00a0economists\u00a0recently called for a net wealth tax on assets over \u00a310 million (about A$19 million). Australia may seem absent from the debate, but it shouldn\u2019t be. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21086,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,3],"tags":[69,28,32],"class_list":["post-21085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commodities","category-technology","tag-impact-eth","tag-signal-buy","tag-stage-stage-1"],"_links":{"self":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts\/21085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21085"}],"version-history":[{"count":0,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts\/21085\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/media\/21086"}],"wp:attachment":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}