- Joined
- 8 June 2008
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let's not forget that the mining tax as it is was custom made with BHP/RIO as part of the plot JG did to overthrow KV.I doubt if they do. Most see them as getting fat (literally) from the exploitation of state owned assets and cheap labour. It doesn't take a lot of brains to dig up rocks and sell them off . I see no problem with the principle of a Federal mining tax in addition to royalties but I think we the nation are getting too little out of the proposed tax.
It is based on profit, how much profit will these miners make [and pay tax on] if they selll to their respective trading RIO/BHP entity overseas..just have a guess
Another scam/feel good scheme destroying the smaller Aussie miners to profit the giants at the expense of every of us
I will end up supporting unions......