VERY TRUE ..in fact all this RSPT tax is going to achieve is in fact a LOSS of income for the gov ..
Raising tax's on mining coys will hinder investment, hinder mining, thus reducing miners income tax for employees and coys and as a result, NO RSPT for those retards in canberra ..all the while hurting us little shareholders that work weekly jobs, don't talk sh** for 3 hours a day in parliment but work the full 9 hours, up to 7 days, and invest whatever spare cash we have into shares, specifically in the resource sector which is where majority of growth potential is, while we and the coy we invest in understand the risk, invest in the risk, and take the upside reward as a result ..silly pollies, have no CLUE ..no CLUE at all ..
K Rudd, aka The Dudd is all set thanks to his Mrs being able to secure all the gov contracts for her business's a few years back (then selling those business's on with the 'attached' good will) ..any conflict of interest there?
Rudd, you and your labor donkeys are dreamers.
If the rspt goes ahead, I'll be moving to south america.
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