The Rudd government, incredibly, has lost the fight over the RSPT. A Labor government has been unable to win popular support, or the policy argument, for lifting taxes on wealthy and prosperous mining companies that were actually receptive to the idea they would have to pay more for the privilege of digging up natural, non-renewable resources.Thats not what the polls say;
Q. The Government has proposed a resources super profits tax‐ which is a 40% tax on the large profits of mining companies ‐ in order to fund a reduction in company tax, assistance for small business and an increase in superannuation. Do you support or oppose this tax?
