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The Forum > General Discussion > Mining tax - Could this be a better solution

Mining tax - Could this be a better solution

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Wages & prices freeze & sunshine clauses for Public service positions & pay. Simple really !
Posted by individual, Tuesday, 27 July 2010 4:06:29 PM
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Individual: If we slow down the rate of mining in Australia now, and let everyone else use up their resources at today's low prices, then our stuff is going to be truly valuable in the future when the world's population doubles, resources are scarcer and the price skyrockets. Of course, that would encourage others to just move in and take over ... so perhaps we should sell it all really fast and cheap so we don't have anything left? Can't win. Cossomby.
Posted by Cossomby, Tuesday, 27 July 2010 5:22:30 PM
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They already pay income tax on profits, land tax, fuel tax, fringe benefits tax, capital gains tax, mineral royalties, stamp duties, income tax on salaries, and countless other hidden taxes and charges.

As for 'the minerals belong to the state' - only because the state took them. The simple answer to that is, don't take them in the first place, that'll dispose of that argument!

None of the statists makes a claim on minerals undiscovered in the ground: let them have their share of them!

But for the minerals they want a share of, someone had to go out into the desert and find these minerals, and then they had to raise the capital to mine them, then they had to go out there and build roads and housing and towns, and then employ people to dig it up, and then ship it out, and manage it, parasitised at every stage by the political class. The mining tax is just another way of taking from others the fruits of their labours, so the self-appointed elite can distribute it as unearned favours to anyone they feel like.

Please don't try to fix a non-existent problem by suggesting new ways the government can tax the population. It would be more to the point for the government to cut its spending by that much.

We could save 10 percent of the cost of government in one stroke just by abolishing flex time for the parasite class. Nobody else gets paid to stay at home and call it work, why should they?

A better solution would be to submit to the population a list of government agencies with how much money they cost, and ask the people to nominate which ones, and the taxes that fund them, to be abolished.
Posted by Peter Hume, Wednesday, 28 July 2010 5:11:56 PM
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Just you wait. If Labor gets in we'll probably look a "being old" tax down the barrel. Or maybe a "you've worked all your life now pay for it" tax.
Posted by individual, Wednesday, 28 July 2010 6:39:05 PM
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