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The Forum > Article Comments > Super profits tax is a just impost on miners > Comments

Super profits tax is a just impost on miners : Comments

By Gavin Mooney and Colin Penter, published 14/5/2010

Mining companies are granted privileged access to resources owned by the Australian people. They should be taxed.

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*Assuming some accuracy to the claim, *

Ah, there is your first trip up point, Dickie. Is it true?

That's around 45 billion a year.

Next point, what if it is? Who risked their money to do the
prospecting, mine development and mining? If its so profitable,
why don't more Aussies risk their money? Why do they prefer to
lose 20 billion a year on gambling on the pokies and other gambling
risks?

Anyone is free to buy mining shares with their hard earned savings.

It just takes a few clicks of the mouse these days.

But of course OLO has its share of parasites, who want others
to risk their money, but want the profits paid to them. Ha!

Minerals belong to the State, not to the Commonwealth. This is
just another attempt by the slippery Kev and his mates, to try
and gain control of State finances. Last week it was the GST
that he wanted. The list goes on
Posted by Yabby, Tuesday, 18 May 2010 8:04:47 PM
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Demands for a world tribunal with the power to punish climate 'crimes' were presented to the United Nations. The Climate and Environmental Justice Tribunal emerged as a key proposal of the summit - the World People's Conference on Climate Change and the Rights of Mother Earth - held in Bolivia last month and attended by more than 15,000 people.

The tribunal would have the legal capacity to prevent, prosecute, and punish states, companies and individuals who are causing environmental contamination and climate change.

“This court is completely feasible. Not only that, it is urgent and indispensable," said Miguel D'Escoto, former president of the UN General Assembly.

“This is a court at the same level as the international court of war crimes, crimes against humanity and genocide," said the Belgian sociologist, François Houtart, arguing that polluting and causing climate change were also crimes against humanity.

Meanwhile the resource rich state of WA is on rampage and megalomaniac, Colin Barnett rejoices. May 8: Another mass rally was conducted - this time outside the gates of Cockburn Cement in Munster and the hunreds of ordinary but polluted Mums and Dads replete with kids and family pets, were irate.

250 of WA’s citizens await a class action, pending in the state of Pennsylvania US, against Alcoa and its operations in WA with allegations of chronic illnesses and even mortality while Alcoa’s CEO, Klaus Kleinfeld received a compensation package valued at $11.2 million in 2009.

Oh there you are Yabby. Why do you address me as "Dickie dear?" Juvenile spite? And your brutalised livestock industry must be overjoyed with the Barnett Government in WA who has just reduced Western Australia’s Animal Welfare Inspectors from six to one. This is to cover an area of 2,525,500 square kilometres - 33% of Australia’s land mass while almost daily we read of your industry’s atrocious cruelty to farm animals – the details too gruesome to record here.

Signing this petition may mitigate Australia's reputation as a sadistic and greedy nation. An outraged international community is again objecting to Australia's disgraceful governance, as you will note here:

http://www.thepetitionsite.com/2/reinstate-animal-welfare-inspectors
Posted by Protagoras, Tuesday, 18 May 2010 9:23:38 PM
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*this time outside the gates of Cockburn Cement in Munster and the hunreds of ordinary but polluted Mums and Dads replete with kids and family pets, were irate.*

Sheesh, Cockburn Cement have been there for a long time now. What
are these people doing, buying and building houses close to a
cement factory, if they have a problem with it? AFAIK, Cockburn
are breaking no rules.

*Why do you address me as "Dickie dear?" Juvenile spite?*

Nope, good old common sense. Now we know that some women frequently
change their hair colour, or the colour of their fingernails,
or whatever else they think they need, to become "a new woman".

Whatever, but for a place like OLO, I think its highly confusing.
If we all did it, we'd be spending our time trying to remember who
is who now. Given that "Dickie" was your nick for years, that is
the character that I relate to when you post. So that is who I respond
to.
Posted by Yabby, Tuesday, 18 May 2010 10:24:11 PM
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"Whatever, but for a place like OLO, I think its highly confusing.
If we all did it, we'd be spending our time trying to remember who
is who now. Given that "Dickie" was your nick for years, that is
the character that I relate to when you post. So that is who I respond
to."

And since when have paid up subscribers on OLO had to play by your rules Yabby? If you don't like my pseudonymn, take your objections to Graham Young though I doubt he'll take kindly to fascists telling him how to run his forum.
Posted by Protagoras, Wednesday, 19 May 2010 12:45:57 PM
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So the short answer is that there are NO, loony, left wing, humanities academics volunteering to pay higher rates of income tax on their 6 figure salaries, or offering to do away with negative gearing on their investment properties, or offering up a wealth tax to be collected from all "super" high income earners?

Just have a go at the mining industry, or complain about the particulate matter that is protecting us from global warming.
Posted by Formersnag, Wednesday, 19 May 2010 1:19:08 PM
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It would be a good idea to apply the super profits tax on the Rudd house hold.

I heard that they were worth about $100m. Either she has been very thrifty with the house keeping or she has made a profit a little higher than 6%.
Posted by Shadow Minister, Wednesday, 19 May 2010 6:16:00 PM
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