138 recommendations and Rudd only interested in 2 of them. He cherry picked the easiest and largest earner while choosing to only reduce business tax to 28% instead of the 25% recommended. Wants it both ways. Has to claw back the billions thrown away in the last year.
A bit like the GST con where State governments were supposed to abolish a raft of taxes in return for the GST but chose to keep double dipping. All pollies crawl from under the same rock, just different sides.
Rudd used the excuse BHP is 40% foreign owned and RIO 70%. What he didn't mention is a lot of the profit is put back into Australian projects one way or another.
BRM Price at posting:
$3.25 Sentiment: None Disclosure: Not Held
