I had a big discussion at length about this on another forum so yeah I can't remember where I posted what. Rudd's execution of the tax was an epic fail, but in theory it is a good thing. No other country in the world has a tax like this, and if I was the owner of BHP I wouldn't be too happy about it either.
Negotiating with the mining companies and finding a fair solution
(which is what Gillard is doing last time I read the news) instead of bringing the 'superdoopertax' straight out of left field to fix a budget hole which isn't that bad really, comparing our 5% GDP debt with the U.S.A's 15%.
It could have been handled better, but it could also have been a lot worse. As for them losing stock value and threatening to leave the country, it won't happen there is too much money to be made here.
Agree 100% on that. Most of Rudd's policies were short term based, and lacking in execution.
Hearing people still bitch about the GST 10 years after it's been implemented pisses me off too. It's like they think the evil government is hoarding all their precious tax dollars. Probably the same people who spent all day calling Alan Jones to rant about 'that bloody Howard dickhead'.
/hijack
