The bigger picture about the RSPT and the MRRT is that the Australian industry groups (esp H Ridout et) were all pushing to get company tax down to King Henry's reform of 25%.
The Government promised company tax reduced from 30% to 28% so that it could get paid maternity leave and higher super through, without companies saying they couldnt afford it.
so who pays? the taxpayer. and who pays for the MRRT windfall ? the end users.
the taxpayer and the poor, in higher energy and other flow on costs.
Why should Woollies, Coles, banks, etc all pay less company tax ? especially with a double dip recession looming and the central banks (BIS) now pushing for higher interests rates and an end to stimulus. Mega from http://megamoneybox.blogspot.com