New tax rate from 30% to 45% for KSL, page-40

We'll see what happens. I think this sort of targeted tax lends credence to the notion of taxation as state theft. Robin Hood politics. It is not the sort of reputation any country want's to have, and will be a strong discouragement to the resource sector investment they are seeking (due to the perception of added sovereign risk). If they need to make a revenue shortfall, they should simply raise taxes across the board - corporate and individual - with a temporary 'Post-COVID Surcharge' that has a built-in sunset clause of 1 or 2 years.

I've taken the gamble today that good sense will prevail (if not with this budget then hopefully the next), and bought a few more shares.