Thursday, August 5, 2010

Labor makes false claims about resource rent tax

Share |
Some actual mistakes here:
1. Public information package: That must be a euphemism for propaganda. The government is justified in spending $38 million on TV advertising. That is $2 per person. Why doesn't the government spend half as much sending out detailed material along with the mining industry. Would that not be a fair way to go. Reason as the standard of value, and save tax payers $17 million. Australia Post could even make a profit.
2. The Australian people own mineral resources so they are entitled to a share of the profit from those resources. They already get a 'risk-free' share from those resources through income tax, mineral royalties, state taxes, infrastructure, social spending,
In addition, these resources have 'in effect' been sub-leased to the mining industry. i.e. The government is bringing into question the viability and undermining the wealth of Australians by taking a 'second take' at an opportune time, when prices are high. Those prices will not always be high. It is not as simple as Australians owning these resources.
3. Labour suggests that the mining industries advertising is unfair, and yet it is using taxpayers money to achieve the same. They have previously attacked such use of taxpayers funds.


------------------------------------
Author
Andrew Sheldon
Post a Comment

’Global Warming Misconceptions - View the table of contents!

Governments this year have ramped up their global warming propaganda, but in truth, just how certain is global warming. In the process of preparing a consulting report, we undertook some research and were startled by government policy. We will show that the propaganda being financed by government is shamelessly creating hysteria for the sake of political expediency.

Global Warming Misconceptions - Download the table of contents or buy this report at our online store for just $US9.95.