Labor's big new tax explained

Just how does Labor's big new tax work? Labor's Julie Collins explains.

Category:

News & Politics

Tags:

• rudd
• gillard
• spill
• mining
• super tax
• RSPT
• super profits tax
• tax
• new
• resources
• labor
• tasmanian
• australia
• julie collins
• mp

[averysensiblename]

What an absolute bimbo - typical labor

[AussiePolitics]

@stephenfs03 mate that's rubbish and if you had any understanding of how economics works you would realize how ignorant you just sounded.

first of all, government spending is ALWAYS less efficent than private spending. want an example? try the government stimulus packages that accounted for 9% of GDP. what extra economic growth did we get from that based on treasury estimatations? a miserable 1.5% - just enough to keep us out of a 'technical' recession so the gov could boast.

[stephenfs03]

@sparky0506, yes I have. It's a very anoying distraction. Do you agree with me? Are you a socialist?

[stephenfs03]

@endosymbiotictheory, actually I meant 'suck yours' to be a politically intelligent shorthand for Liberal ideologists who want to immerse themselves in neoliberal tendencies (that abstracted basis I tried to allude to), against those who don't want to increase taxes at the 'big end' of town. It was meant to be cheeky but not outright offensive, so apologise if I came across as being offensive. I ran out of space. On live the class struggle. Cheers.

[endosymbiotictheory]

@stephenfs03 "Suck yours" the very fact that you end a comment with an immature personal attack towards someone else tells anyone else that you are too immature to have a political or economic debate. You really are the stereotype of an online debater.

[stephenfs03]

@AussiePolitics, of course the way you understand economics is based on the Liberals/ruling classes perception of economics. Thus the Liberals (and Labour, and the Greens to some extent) take this acceptance of a neoliberalist economic basis as being given by nature, scholastically not to be challenged by other ideas on economy of which may save many working class people from hardship and save lives. The Liberals are anti-working class party, except through demagogy. Suck yours.

[sparky0506]

@stephenfs03 Ever heard of a thing called

inflation?

[TanoInMelb]

This is absolutely disgusting that a person with no qualifications, no experience or merit should be given the job of senior lecturer of our tax affairs. Bring on 2013 I say!

[breadbaker226]

We are sentenced to Hard Labor, for a 3 year term....

[Stephen19852009]

@averysensiblename She's not a bimbo. I've met her and she's a real nice, elegant lady. To get your facts right Julie Collins is from the Left faction of Labor, Rudd is from the Right, and they disposed him over these problems. This was just a slow news day for her, and in truth, that was part of a five minute interview for her. And it's very hypocritical for Libs to talk about losing jobs, think of work choices. As for mining companies, they can afford millions for ad campaigns not workers?

[stephenfs03]

It's false to claim that the 'super mining tax' will increase net unemployment. The revenue raised can fund increasing employment in other sectors, say in 'green jobs' and healthcare. Plus mining workers have a choice in organising their struggle against job-loss threats, taking more control. Conscious class struggle is needed in dictating what political elites do with taxes. The 'super' tax is welcomed by the left, potentially creating more enployment.