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The Forum > General Discussion > Where exactly IS this country heading ??

Where exactly IS this country heading ??

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Robert L, you must have written that in your mind. As that is ot what you said here.

But, the question remains, why do you think the big mininers are not paying their fair share of taxes?

They already pay more than all other businesses, so why the increase?

I will give you my opinion as to why I think they shouldn't, but I would like your thoughts first.
Posted by rehctub, Tuesday, 14 May 2013 7:47:43 PM
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RLP is correct

If we all own the minerals how come just a few individuals get a disproportionate share?

You don’t even have to own a mine.

It is the value of the mineral deposits we are fortunate to have in this country that generates revenue not the mining magnates.

It is the people that dig it up and make the infrastructure that realise that revenue not the magnates, bankers and shareholders.

It is an industry where the parasites are disproportionately rewarded and the producers are discarded after the boom.
Posted by Producer, Tuesday, 14 May 2013 9:48:51 PM
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We're headed for Hell.

Both "sides" of politics, in Australia and the whole Western world, have been pursuing the same self-destructive one-world agenda, that is economically and socially *impossible* to maintain long term.

An agenda that defies common sense and human nature is doomed to fail, no matter how pretty the posters.

Twitching Tweedles won't change a thing, as the Liberals revelation of mostly "multicultural" candidates shows no new paradigm emerging there.
And alternative parties? Forget it. None have ever broken beyond 10%.

For those who think money is everything, our "leaders" seem to have forgotten one fundamental fact: *civil war* is not good for the economy.

Most Australians are too comfortable to move off the couch right now, but some day soon, a trigger event will be the last straw.
And it won't matter where it starts. France, Ireland, Australia.
It will spread like a fire throughout the West.

With millions of "skilled workers" dead, injured, depressed or emigrating, where's the silver lining economically or socially?

The global utopian dream will be dead, hopefully forever.
One hopes there are sufficient White/Western people left to pick up the pieces and never make the same mistakes again.
Posted by Shockadelic, Wednesday, 15 May 2013 5:36:37 AM
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Producer, that's why they pay royalties, which is where OUR SHARE come in to the equation.

Another point many of you don't recognize is that u til recently, 5-15 years, mining was some thing that happened out bush somewhere, and many mining towns were almost broke.

The other poimt you don't see is the amount of risk that was taken to find the VIABLE deposits in the first place, especially when coal was around $30 per ton.

Where were the supporters then, offering to prop up the extremely risky mining industry.

Actually the answer is SHARE HOLDERS, as it was the share holders, many of them speculative, who shared the risk.
now I ask all this in favor of the tax, and WHO DONT hold direct shares, do you think it's fair that those who took the risk (share holders) having rode the wave of risk, deserve to have a HUGE CHUNK of their dividends now taken away from them.

I say, we do own the minerals, and get rewarded with royalties, and if you want a larger share, then buy shares in the companies that take the risks, because at least then you will reap your reward, but you will also share the risk.

Now what's unfair about that!
Posted by rehctub, Wednesday, 15 May 2013 7:01:40 AM
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A significant factor thats been overlooked by both sides of politics is reserving a serious chunk of the money received from mining, whether in a futures fund or whatever. Its obvious that the red-headed witch & the dying duck have been incapable of recognizing the mining boom wouldn't continue ad infinitum & I'm far from convinced that RAbbott & Co are any more enlightened.

Ultimately it comes back to a point I made some time ago ... any business operator chooses a beancounter they believe has suitable qualifications & experience for the venture in question, whilst the biggest business in the country, namely the federal economy, is lumbered by whatever mindless union heavy or failed lawyer. We then run all matter of witch-hunts, post mortems etc in futile attempts to figure out what went wrong. Hmmmm.

Surely even the supremely apathetic sheeple must eventually realize its not real smart to allow a near imbecile like the dying duck to mess with hundreds of blllions of taxpayers hard-earned money & expect a wonderful result. After all, this dimwit has had six attempts and totally stuffed every single one !!

Note that I don't for a millisecond suggest that LNP contender Hockey will prove to be any improvement. Where failed lawyers get the idea that they know everything about sccounting & economics is beyond me. Is it any wonder I'm hoping Big Clive will get up in September, at least with his 'proper' business background he'd have the nous to appoint a treasurer with halfway relevant qualifications & experience, a concept clearly beyond the abilities of ALP & LNP numbskulls.
Posted by praxidice, Wednesday, 15 May 2013 7:30:57 AM
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Well said Praxidice

Rehctub – you forgot in your rhetoric one small word DISPROPORTIONATE.

In doing so you missed the point or ignored it?

As an apathetic nation we accept the crumbs of the mining boom as you have clearly illustrated.

The sheeple should be grateful however as they have live cricket and thugby to distract them.

Then there’s the other distraction that comes around every few years that allocates non democratic government DISPROPORTIONATLY (there’s that word again) to the red team or the blue team. All the other players are marginalised just as we as a nation are marginalised with regard to the mining boom.

Shockadelic – we don’t need a civil war, all we have to do is stop feeding the bastards.
Posted by Producer, Wednesday, 15 May 2013 7:49:01 AM
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