morgan stanley think olympic dam is history, page-31

  1. 15,806 Posts.
    Reaper,

    A balanced budget just isnt a good measure. Clearly if you collect lots of tax but spend even more, you will never balance the budget.

    Just look at Rudds very own reasons for the mining tax. He wants to use the new tax to LOWER general business tax to 28%.

    And why does he think that is good? He says it will result in more economic activity!

    Rudd himself uses my logic to justify his new tax. Is Rudd wrong in his reasoning for a lower business tax?
 
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