Have you lost $2 billion?? Your previous unsupported claim of...

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    Have you lost $2 billion?? Your previous unsupported claim of $12 billion is now down to $10 billion but it is still wrong. Here's a repost of the facts.

    Over 1/2 of the claimed 2016 $12 billion "subsidy" is the $6.117 Fuel tax credit scheme which applies to ALL mining, not just coal. Your article then unbelievably goes on to admit that whilst they estimate only 20% applies directly to fossil fuels, "We have included the full amount as it all goes to supporting the consumption of fossil fuels."

    The full $1.930 billion accelerated depreciation for ALL mining is incorrectly applied to fossil fuels only. We then have 5 FBT categories (including statutory formula for car benefits & alternatives to log book car expenses !!) all applied to fossil fuels - how ?? How is $55 million of "Tourism; domestic air or sea travel" a fossil fuel subsidy??

    Here's the ridiculous table you posted some time back - It is NOT FACTUAL

    Last edited by thecurious1: 28/07/16
 
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