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It took forward thinking to dump their wealth into a sovereign wealth fund. Australia started at a similar point with mineral wealth in the 90s and decided tax
by rozenmd 1y ago
It took forward thinking to dump their wealth into a sovereign wealth fund.
Australia started at a similar point with mineral wealth in the 90s and decided tax cuts for the middle class were a better idea (under Howard/Costello).
- aleph_minus_one 1y ago> It took forward thinking to dump their wealth into a sovereign wealth fund. Such a proposal can be adopted much more easily if the population is rather small and homogenous.