An extra 10% tax on iron ore exports would yield almost $8 billion a year which would pay the annual interest on the Corvid -19 debt.:
"Australia's iron ore export earnings are expected to increase from $61 billion in 2017–18 to an estimated $79 billion in 2019–20." ( Source: Resources and Energy Quarterly).
Instead our Neo-Liberals will probable make you and I pay: -higher GST -land tax ( on top of rates) -death taxes (dead set eh?) -inheritance tax -higher grog taxes -higher petrol taxes -less PAYE concessions etc etc.
If self interest is good enough for multinationals, then surely self interest for all Aussies is a fair go!
