Why stop at 50% - demand a 95% tax.
Let’s rewrite all the contracts. These company’s may have invested hundreds of billions - but that’s their bad luck.
A 95% tax would raise $100 billion.
What could possibly go wrong ?
Max Chandler-Mather@MChandlerMather
BREAKING Green Institute report calls for a 50% tax on gas export revenue, after our analysis finds gas corporations stand to double revenue up to $107 billion this year. A 50% gas tax would raise $55 billion in 2026/27 - enough to give every household in Aus $5000. So why 50%?
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