" Why not tax all business no matter what size or profitability at say 85% of their turnover. You know it makes sense, well to a socialist"
Or conversely give a tax break of 50 percent such as is the case with negative gearing.
If you want to be believed,that miners pay their full whack of tax,prove it.
The G20, IMF, OECD and World Bank have all urged governments to stop providing subsidies for fossil fuel use. These are the institutions that define what the economic orthodoxy is.
Australia made a commitment to the international community that we, like the other G20 countries would phase out our fossil fuel subsidies because they favourably distort the use of dirty sources of energy over clean ones. Mr Abbott has just placed this agreement on his pile of international agreements to be ignored.
By taking away miners' tax-free fuel the Abbott Government could uphold Australia's international commitment and raise $13 billion over the next four years alone. The offer is there for the Government.
Come on Mr Hockey, stop moaning, if you are serious about fixing the structural deficiencies in the budget, this bill can become law in a matter of weeks with our support in the Senate.
http://www.abc.net.au/news/2014-08-01/milne-end-the-free-rides-for-mining-giants/5640056
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