CBA 0.60% $142.85 commonwealth bank of australia.

bank extra tax become true, page-70

  1. 1,867 Posts.
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    Can someone explain the difference between a Minerals Resource Rent Tax and a tax on Banks profits?
    How is one acceptable to idiot Australia yet another one isn't given they're both a tax on a selected hand picked Industry and not across the board.
    I'd suggest the difference is one Industry convinced Idiot Australia, with the help of a party that benefitted
    directly through donations, that taxing it was bad.
    The other is roundly despised & open to political expediency.
    And that's alive & well in Idiot Australia.
 
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