[quantified]

> Australia needs to let go of "jobs from the past" and said those impacted by shifts can lean on the nations "very strong social safety net".

I'm sure that as more companies lay off, the tax base to support that safety net will not improve.

When will the new, reasonably-paying jobs emerge?

[toomuchtodo]

> I'm sure that as more companies lay off, the tax base to support that safety net will not improve.

Tax billionaires more? It’s where the wealth is.

[SilverElfin]

How much will that do? You could tax their wealth (not even their income) at 100% and you would pay for a year of government shortfalls (in the US). I feel like at some level things really are just expensive to a degree society cannot afford. But maybe I’m missing something basic here?

[rightbyte]

Tax revenue not profit maybe. I got this feeling there is so much waste in corporations.

[wdb]

Or tax the companies? And maybe a digital services tax on products like Jira etc.

[quantified]

The companies are where the billionaires get their fortune, so sure.