And you think that Rudds claim that miners only pay 13% tax is NOT spin?
Look behind their claim. in arriving at that number, they delete all depreciation numbers and then calculate tax as a percent of the increased profit obtaining from ignoring all depreciation!
That is pure distortion and pure spin.
In other words, Rudd says that if you have to spend $50b on plant to get a mine up and running, you cant allow for that in your profit calcs!
His 13% number is pure fiction as a result. It just isnt reality. Spin is the complete lack of reality and Rudd is certainly KING of that domain.
