investors pay more than tax raised

the super tax is supposed to raise $12bn
yesterday the mining sector lost $9bn

today rio has lost $2.8bn and bhp $3 bn
total $14bn
that is not including companies like ncm and ozl and all the others

so in order for the rudd government to raise $12bn it has cost $2bn, probably more
not only that but investors in BHP, NCM, RIO etc have had to shoulder the burden of the whole tax.

same thing happened to telstra

rudd must be under the impression that the companies are business apart from the average australian.

I wonder how many votes this will have lost Labor.