joene 🏴🍉
boosted
Trending Bot
and 2 others
boosted
Australia now has 48 billionaires (up 8 since 2020, because why not?), and these 48 people collectively hold more wealth than the bottom 40% of the entire population — that's roughly 11 million everyday Aussies combined.
Meanwhile, the average Aussie billionaire's wealth grew by almost $600,000 per day over the past year. That's right — while rents climb, groceries hurt, and 3.7 million people (including 757,000 kids) live below the poverty line, the ultra-rich are casually printing half a mil a day. Totally normal, totally moral.
Oxfam is calling it what it is: inequitable, unsustainable, and amoral.
Their big ask? A 5% wealth tax on billionaires alone could've raised $17.4 billion just last year — enough to fund universal cheap childcare, extend energy bill relief for years, massively boost humanitarian aid, and actually ease the housing/childcare squeeze that's crushing everyone else.
Throw in scrapping negative gearing, killing the capital gains tax discount for the wealthy, and maybe a broader progressive wealth tax on the top 0.5%, and suddenly there's real money to fix the things governments always say "we can't afford".
But sure, let's keep protecting the system that lets 48 people out-wealth 11 million, while the rest of us argue about whether $2 milk is a human right. Classic Australia 2026.
Tax the rich. Disrupt the vicious cycle. Make billionaires pay their fair share for once.
#taxtherich #wealthtax #auspol #inequality #billionaires #oxfam #economicjustice #housingcrisis #childcarecrisis #povertyinaustralia #eattherich
https://www.sbs.com.au/news/article/wealth-tax-australia-billionaires-oxfam/9wsstq0nw
gittaca
boosted
"Billionaire wealth jumped by over 16 per cent in 2025, three times faster than the past five-year average, to $18.3 trillion – its highest level in history, according to a new Oxfam report today as the World Economic Forum opens in Davos.
Billionaire wealth has increased by 81 per cent since 2020. This comes as one in four people don’t regularly have enough to eat and nearly half the world’s population live in poverty."
Australia now has 48 billionaires (up 8 since 2020, because why not?), and these 48 people collectively hold more wealth than the bottom 40% of the entire population — that's roughly 11 million everyday Aussies combined.
Meanwhile, the average Aussie billionaire's wealth grew by almost $600,000 per day over the past year. That's right — while rents climb, groceries hurt, and 3.7 million people (including 757,000 kids) live below the poverty line, the ultra-rich are casually printing half a mil a day. Totally normal, totally moral.
Oxfam is calling it what it is: inequitable, unsustainable, and amoral.
Their big ask? A 5% wealth tax on billionaires alone could've raised $17.4 billion just last year — enough to fund universal cheap childcare, extend energy bill relief for years, massively boost humanitarian aid, and actually ease the housing/childcare squeeze that's crushing everyone else.
Throw in scrapping negative gearing, killing the capital gains tax discount for the wealthy, and maybe a broader progressive wealth tax on the top 0.5%, and suddenly there's real money to fix the things governments always say "we can't afford".
But sure, let's keep protecting the system that lets 48 people out-wealth 11 million, while the rest of us argue about whether $2 milk is a human right. Classic Australia 2026.
Tax the rich. Disrupt the vicious cycle. Make billionaires pay their fair share for once.
#taxtherich #wealthtax #auspol #inequality #billionaires #oxfam #economicjustice #housingcrisis #childcarecrisis #povertyinaustralia #eattherich
https://www.sbs.com.au/news/article/wealth-tax-australia-billionaires-oxfam/9wsstq0nw
"Billionaire wealth jumped by over 16 per cent in 2025, three times faster than the past five-year average, to $18.3 trillion – its highest level in history, according to a new Oxfam report today as the World Economic Forum opens in Davos.
Billionaire wealth has increased by 81 per cent since 2020. This comes as one in four people don’t regularly have enough to eat and nearly half the world’s population live in poverty."
joene 🏴🍉
boosted
Capitalism is fascism! #anticapitalism #EatTheRich #FeedThePoor #activism #antifascism #antifa
Capitalism is fascism! #anticapitalism #EatTheRich #FeedThePoor #activism #antifascism #antifa
Angela Antunovic
boosted
"The world’s richest 1% have used up their fair share of carbon emissions just 10 days into 2026, analysis has found.
Meanwhile, the richest 0.1% took just three days to exhaust their annual carbon budget, according to the research by Oxfam."
The global top 10% (roughly speaking, everyone who can afford a car) will do so in a matter of weeks.
RE: https://mastodon.social/@CelloMomOnCars/115876631561161742
But hey, everyone! You’ll be happy to know I used a reusable straw in my milkshake the other night!
"The world’s richest 1% have used up their fair share of carbon emissions just 10 days into 2026, analysis has found.
Meanwhile, the richest 0.1% took just three days to exhaust their annual carbon budget, according to the research by Oxfam."
The global top 10% (roughly speaking, everyone who can afford a car) will do so in a matter of weeks.
RE: https://mastodon.social/@CelloMomOnCars/115876631561161742
But hey, everyone! You’ll be happy to know I used a reusable straw in my milkshake the other night!
Nemoudeis
and 2 others
boosted
For some reason, guerrilla art is illegal but guerrilla brainwashing is not. #graffiti #streetart #GuerilliaArt #advertisement #commercial #ads #activism #anticapitalism #EatTheRich #FeedThePoor
For some reason, guerrilla art is illegal but guerrilla brainwashing is not. #graffiti #streetart #GuerilliaArt #advertisement #commercial #ads #activism #anticapitalism #EatTheRich #FeedThePoor
Matt Silbernagel
boosted
Reminder of why Capitalism is disgusting... there are more empty apartments in the US than there are homeless people here... So for every one homeless person we are CHOOSING to let them go UNHOUSED because we'd rather have a strong worship of money rather than have a belief that human life is more important than any amount of money.
Boost if you are all for giving people access to free housing, food, clothing, internet/utilities, and more!
#FuckCapitalism #FuckUS #FuckTrump #FuckBillionaires #EatTheRich
Reminder of why Capitalism is disgusting... there are more empty apartments in the US than there are homeless people here... So for every one homeless person we are CHOOSING to let them go UNHOUSED because we'd rather have a strong worship of money rather than have a belief that human life is more important than any amount of money.
Boost if you are all for giving people access to free housing, food, clothing, internet/utilities, and more!
#FuckCapitalism #FuckUS #FuckTrump #FuckBillionaires #EatTheRich
joene 🏴🍉
boosted
Spotify supports ICE and the IDF. Cancel your Spotify account! #spotify #music #pirateyourmusic #bigtech #anticapitalism #eattherich #feedthepoor
Spotify supports ICE and the IDF. Cancel your Spotify account! #spotify #music #pirateyourmusic #bigtech #anticapitalism #eattherich #feedthepoor