Speculation continues on resources tax

Federal Treasurer Wayne Swan has refused to rule out the introduction of a resources rent tax, following reports that the new tax will raise at least $5 billion a year.


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The Labour Government have slaughtered the values of Telstra ,Tabcorp and Tatts. Next in line are BHP, Rio, Woodside and all players in the mining space with the double taxing of resource profits. Robin Hood policies will destroy the goose that laid the golden egg.

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