longweekend58 wrote on Apr 24
th, 2014 at 12:46pm:
Only a Green would think that a tax could fix every problem. It has already been modelled that a million dollar pa tax increase would only raise a few hundred million at most while the budget problem is tens of billions. It is also ideologically opposite to the policies of both parties.
In response the fact that the mining tax was expected to only take in $200 Million instead of a projected $2 Billion Christine Milne of the Greens:
"There are structural problems in the mining tax.....One is that it's structured at 22% when it should be 40%, it leaves out gold, the rebating of royalties to the states and the accelerated depreciation divisions"
She also said in response to the reporter pointing out that all she was talking about was government spending:
"Yes and I'm talking about it to build momentum in the economy that's what you do. You build the infrastructure projects that are going to drive the future"
There's not a single thought among the greens that there could possibly be any alternatives than taxing one industry to fund another, they think they can tax miners and carbon emitters and force the economy over to a renewable one.....never mind the shrinking tax pool and a contraction in the economy.