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    RSPT worked out example and Who is next to cop such tax?

    I remember when Telstra was wholly owned by "working families". They (the pollies) sold it and the bank we owned and our power stations and everything else they could flog. "Ownership" has got nothing to do with it.
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    RSPT worked out example and Who is next to cop such tax?

    I listened to Swanie on the radio this morning and after being pressed to answer if that figure included royalties he finally said "Even if it did......." So from Swan's mouth It doesn't include royalties. It defies logic to suggest that an industry as open to public scrutiny as mining could...
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    RSPT worked out example and Who is next to cop such tax?

    It is, but I take your point. :)
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    RSPT worked out example and Who is next to cop such tax?

    You forgot Telstra. I forget the actual figures but over 60c in every dollar billed goes straight to their bottom line. But "Mums 'n Dads" own that. :)
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    RSPT worked out example and Who is next to cop such tax?

    Sorry Rolf. After all this time I should have picked up on that. My excuse is "oldtimers". LOL
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    RSPT worked out example and Who is next to cop such tax?

    Or 500 puters for the Climate Change Dept.
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    RSPT worked out example and Who is next to cop such tax?

    The pollies are scared of the "Two speed economy" because most votes are NOT in Qld or WA. It seems only a few years ago when the bankers ruled. How do City Bankers make a dollar? By screwing the provinces, that's how. Nobody proposed an Super Profits tax on Macquarie and BnB as I recall.
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    RSPT worked out example and Who is next to cop such tax?

    Strange post Rolf. I'm not even sure about your first line: The value and contribution proposition is a VERY slippery slope. I would be surprised if miners begrudged their hairdresser a profit. What they do resent is being demonised. There was a bumper sticker doing the rounds: Shut down the...
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    RSPT worked out example and Who is next to cop such tax?

    So the trucky who gets TC's wheat from the farm to the mill contributes nothing. The wheat has not increased in value. Hang on! Wheat at the mill commands a higher price than when it was still on the farm but iron ore in a China port has no more use than when it had grass growing in it. LUV...
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    RSPT worked out example and Who is next to cop such tax?

    I had no intention of watching the Mad Monk's reply but it wasn't so bad. He had a few gems like that. Maybe because he was reading he didn't repeat phrases as often as is the pollies' habit nor as many "Mr Speaker" utterances. It was more the opening shot of the election campaign than a...
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    RSPT worked out example and Who is next to cop such tax?

    WW wrote: All governments are tax junkies and any increased tax will quickly be committed long term. What WILL they do when the inevitable slump comes? They would be worse off than if they had simply lived within their means. HE said: This tax is on a project basis so BHP and RIO will be...
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    RSPT worked out example and Who is next to cop such tax?

    I believe EVERYTHING you wrote is rubbish.
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    RSPT worked out example and Who is next to cop such tax?

    Gympie Gold had an underground fire. Never recovered. In fact "one pit miners" are discounted as risky.
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    RSPT worked out example and Who is next to cop such tax?

    It seems the "consultation" with the miners is strictly limited to some details of the implementation. The rest is carved in stone.
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