RIO 2.66% $125.70 rio tinto limited

40% super tax, page-30

  1. 686 Posts.
    And what happens if these miners say "screw those aussies, where getting 43% back from our hard work. Why go there, when we can get so much more elsewhere".

    What happens when they do this and:
    1) there is no super profits to tax?
    2) there is no mining industry to provide jobs and support to the towns out in the middle of no-where?
    3) their is no proposed infrastructure development cause the money has dried up?

    If you cant see that we are biting the hand that fed us out of the GFC relatively unscathed (compared to the likes of UK/USA/Europe then be blind) well your just as blind as the time you voted the bloke in.

    Why come here and pay Super Profits Tax + Payroll Tax + CGT + FBT + the potential Emissions Tax which cant be ruled out at this point in time?????

    Hes doing it for the people! Yay!!! Im the people... Whose gonna pay the 3% increase in super contributions.. well the majority of employers are small business owners, so the people will be paying for it. Whose gonna pay for the additional $500/yr to low income earners. The people.

    Whose gonna pay for the mop and bucket, when rudds gone???

    The MORON alarm bells were ringing long ago... When will you voters wake up.
 
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