Australians want a super profits tax

81 per cent of Australians want the government to consider a super profits tax on banks. According to a survey by the Australia Institute, many more Australians want a super profits tax on banks than agree with a tax on mining super profits. Director Richard Denniss said: “I didn’t expect overwhelming support for the idea we should tax away their super profits if we can’t regulate them away.”

Source: The Age

Advertisement