Rudd announces chemists cSPT? (Chemist super profits tax)
We might need to tax the foreign comapnies who have made deals with aboriginal groups, and who are not on the asx, but to become a joint partner and subsidise losses via the taxpayer is ridiculous. To tax a company 40% above the bond rate (say 6%)is socialism. There's been no legislation put up, no real discussion and what industry will be next? Mega from http://noresourcetax.blogspot.com says Beware for our future.
Why not a chemist supertax? they make money from already taxpayer funded doctors prescriptions.. or pathologists..they make money from taxpayers and bleed the govt dry! Rudd imposed a RSPT while reducing company tax from 30% to 28%? He gives in one hand, takes away in the other..