Do you support a Minerals Resources Rent Tax? (1 Viewer)

[Sathius005]

The culture wars tell us that the Mining corporations are rich and not paying their share of Tax. The mining rich are getting richer but are you? I support an Australia built on the many rather than the few elites at the top- when working people succeed Australia succeeds. That's why I am asking for your support of the MRRT. We can do this we can't restore a by gone era but we can make sure the fair go is shinning forward providing hope, reward opportunity for all.

 

[isildurrrr1]

mining corporations are fucked now. all the resource prices are plummeting.

 

[seremify007]

Bit late now and to do this would only stifle an already volatile industry sector which is going through serious reform subsequent to the boom times.

Better off closing off tax holes in other areas which are profitable but won't hurt the competitive landscape.

 

[Rafy]

The mining boom is over.

Even Labor recently dropped it as a policy.

 

[Smooth Operator]

While the boom may be over resource prices are still relatively high I'm lead to believe. No tears will be shed for these corporations.

 

[isildurrrr1]

While the boom may be over resource prices are still relatively high I'm lead to believe. No tears will be shed for these corporations.

no they're running it at a loss in most cases.

it's most of the smaller companies that have lower profit margins that get screwed over.

 

[Smooth Operator]

no they're running it at a loss in most cases.

it's most of the smaller companies that have lower profit margins that get screwed over.

Still, no sympathy at all. Probably will gain some rent seeking advantage by the current government anyway.

 

[Smooth Operator]

Sick of hearing Fortescue whinging as well. You're all for the free-market when you're on top, then you start losing so you want to take place in anti-competitive practices, lol.

 

[isildurrrr1]

Still, no sympathy at all. Probably will gain some rent seeking advantage by the current government anyway.

what a lot of companies should have done was to sell out while they were high.

lots of aussie companies kept thinking the price will go on up forever.

Mining is such a small portion of GDP and employment it doesn't really effect the economy that much anyway.

 

[Amundies]

Still, no sympathy at all. Probably will gain some rent seeking advantage by the current government anyway.

While the boom may be over resource prices are still relatively high I'm lead to believe. No tears will be shed for these corporations.

Damn, they must be gutted that you're not crying over them and that you have no sympathy for them. Poor corporations

 

[Smooth Operator]

Mining is such a small portion of GDP and employment it doesn't really effect the economy that much anyway.

Yeah of course it's not an industry worth saving. Nor is anything non-renewable IMO. If only the resources put in to trying to 'save' these industries were put in to innovative research/practices we might find something to do in this country other than dig things up, sell houses and make lattes.

 

[Smooth Operator]

Damn, they must be gutted that you're not crying over them and that you have no sympathy for them. Poor corporations

I would be too man.