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World News - What Australia would look like if the Greens were in charge

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World News - What Australia would look like if the Greens were in chargeThe New South Wales Greens are pushing for new hard-left social and economic policy changes including targeting the Australia's wealthy with heavier taxes and salary capping chief executives.The detailed policy proposals support cutting public funding for private schools, decreasing standard working week hours, ending higher education debts and making university and public transport free.The proposals would cost hundreds of billions of dollars but Greens NSW MP David Shoebridge said a new billionaires' tax of up to ten per cent could raise as much as $11 billion.Mr Shoebridge said Australia's wealthiest had $111 billion between them, more than three times the government's annual spend on education and more than the wealth of most countries, The Australian reported.'It's time that wealth was shared,' he said.'If in addition to income tax, which is largely avoided by the super-wealthy, we taxed billionaires just 5 per cent of their accumulated wealth each year, we'd have $5.5bn more to spend on public education, affordable childcare, housing and cheap, clean energy'.He added that the average chief executive earned 78 times more than the average worker and salaries could be capped at 10 times or 20 times average earnings.The policy document described the drug ecstasy as 'relatively safe' and suggested renters should be able to stay as long as they like if they continue to meet their financial and contract obligations, The Australian reported.No church 'handouts', a renationalisation of the power grid and a $250bn-plus universal basic ­income are also outlined in the document.However Mr Shoebridge was critical of the party's failure to capitalise on a ­reduced Liberal and Labor vote at the 2016 federal election.'There is a false perception that the Greens focus almost entirely on the environment at the expense of other economic and ­social issues, which are more important to likely and former Greens' voters,' he wrote.'This perception is a barrier to growing our vote.'Labor frontbencher Anthony Albanese said the Greens were a virtual 'secret society' that banned scrutiny of their party conferences and just stopped short of 'abolishing all private ownership in anything'.'When the public examine the specifics of their policies they reject them,' Mr Albanese said.The party has made dozens of new policy proposals in the lead-up to the next federal and NSW elections.'The Greens manifesto is a grab-bag of radical socialist proposals. These policies would be disastrous for Australia,' Institute of Public Affairs policy director Simon Breheny said.'They would result in our best and brightest entrepreneurs and risk-takers leaving Australia.'Source:


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