RSPT, an irony in a democracy
Has the government's surprise RSPT shocked you, disgusted you or affected you financially? I wasn't usually interested in politics but this time I witnessed some friends suffered massive financial loss in the share market ever since the Henry Tax Review. I heard many miners lost their work. People from all walks of life are affected.
I guess if some big miners earn too much money from natural resources of the state, they may be obligated to pay more tax otherwise the rich gets richer and the poor gets poorer. And if mining activity brings about negative impact on the environment, they should pay tax or compensation too. However, I don't understand why the government had zero consultation with the mining industry and with the Australian people. Is this a democratic decision or an autocratic one?
Have you been affected by RSPT?
Here is a message from Keeping Mining Strong.
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