Joshua Byrd :mastodon: on Nostr: "The top 10 per cent of households hold over half the nation's wealth. The top 1 per ...
"The top 10 per cent of households hold over half the nation's wealth. The top 1 per cent hold somewhere between 15 and 20 per cent. The bottom 40 per cent hold essentially nothing, many, on net, hold less than nothing once debts are accounted for. Wealth in Australia is now substantially more unequally distributed than income, and the gap is widening."
How about instead of turning to fascism we tax wealth not work. It's literally the only solution. 🤷
https://www.abc.net.au/news/2026-07-06/house-prices-household-debt-voter-sentiment/106881978Published at
2026-07-06 01:12:24 UTCEvent JSON
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