It’s got to the point 2 and a half years into Kevin Rudd’s first term, where I’m so disappointed with him that I don’t really trust anything he says. He’s bungled pretty much everything he touched. I wouldn’t go as far as to vote for Tony Abbott, but given the choice I’d vote for Julia Gillard in a moment. I’m also considering voting for the Greens, but that’s not much of an option. In the end, you have to put Labour above the Liberals – or vice versa – even if they are the last on the list.
So, anyway, I’m certainly not going to blindly support the new mining Super Profits Tax on Kevin’s say-so.
That being said, I actually think the new tax regime is a pretty good idea. If it means the mining industry slows down a bit for a few years, what’s the problem? The iron will still be in the ground in 20 years and China isn’t going anywhere soon.
Also, if it means miners have to pay more tax, fine. As a breed, billionaire miners are a pretty disgraceful lot. Consider Clive Palmer:
Clive is one of Australia’s richest people, and going by his appearance on Four Corners this week, is an absolute raving lunatic. Here he is, talking about the RSPT:
I think it comes from Das Kapital in 1868. The super tax comes about by Marx and Engels and their famous work which inspired the Russian Revolution. But it’s just extraordinary to think in 2010 after the failure of the Eastern bloc, the failure of communist China, the failure of communist Russia, you’ve got two apparatchiks of the party sitting up here trying the embark Australian on a socialist revolution.
Um, no. It’s just something that makes you pay slightly more tax. There’s a difference between tax and communism. Anyway, I think he can afford it. The man has his own plane, and not one of those little ones. It has to be big to carry him.
If there were to be a revolution, Clive and his mates Twiggy and Marius would be first against the wall, with any luck.
Running
I’ve signed up to do a speed session this lunch-time with a guy from work’s running group. I’m a bit nervous about this. I have endurance by the bucket-full, but I think I left my little story of fast-twitch muscles behind the couch a few months ago and haven’t seen them since. Dear me.
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