"How can you say that with a straight face when it has been proven the tax hasn't raised anywhere near, not even 10%, what Swan and Gillard said it would?" ----------------------------/
Easy moondoong. The MRRt is designed for the next 50 years not the next 10 minutes. The whole idea of a profits based tax is to tax more when profits are high and less when profits are low. I would have thought you would understand those basics being in the mining industry and all.
High AUD when tot falling does not produce big profits.
Take a look at what they plan to sell in the next decade rather than the last 5 mins.
