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RSPT is not some weird tax invented by Ken Henry : Comments
By Bryan Kavanagh, published 3/6/2010The miners have the wrong end of the stick. We should all be paying our land or resource rents to the public purse.
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That would square these natural resource industries with my hotel analogy (EBITDA). THEN, taxes are paid - but they should not be paid. All we should take for revenue is the rent, then get out of the taxation industry business.
To correct a maxim: the only real certainties in life are death and rent, Herbert. Taxes are optional - and wrong.
Thanks for your sensible input. Much appreciated.