In my view, it is amateur, short sighted, destructive of investment and basically immoral as these are non replaceable resources which are being used to fund pork barrell spending by a desperate government.
.........................
That is an absolute red herring.irrelevant.
This tax will be available to future governments, Liberal and Labor ... for generations to come. Not just today's Rudd govt.
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evidence rspt killing off capital investment, page-8
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