bhp billiton threatens to walk away from mrrt, page-99

  1. 288 Posts.
    Mark you don't get it. The price had been SET, 30per cent plus royalties plus payroll tax. Mining is cyclical, boom and bust the money they make is a result of them spending years and billions to get to that stage. Changing the rulEs mid project is unAustralian..
    Ken is right they are simply raising taxes on the most productive sector the miners, to cover there wastefull spending.. Who is next? Banks, why not the rest of the world is bailing out their banking sector we may as well turn on them for not being greedy enough that we have to bail then out..
    It seems to me that we should be looking after companies that make money and increase the Australian coffers, as opposed to trying to justify a govt that spends beyond its means whilst actually producing no revenue of its on.
    Govt jobs are indeed jobs however you must remember that even these jobs are ultimately paid for by taxpayer funding, if the Aussie resources companies take an invstment holiday the ramifications for all of us will be dire. Unfortunately ideals do not pay the bills
 
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