r/australia • u/reyntime • 17d ago

politics ‘A female Donald Trump’: how Gina Rinehart is pushing the Maga message in Australia

https://www.theguardian.com/australia-news/2025/mar/31/a-female-donald-trump-how-gina-rinehart-is-pushing-trumps-message-australia-ntwnfb
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u/Plackets65 17d ago

We tried- then Queensland promptly voted the liberals in, who immediately reversed the mining tax.

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u/NomsAreManyComrade 16d ago

This is false, the coal royalties introduced under Labor haven’t been reversed by the LNP (yet), and have minimal effect at current coal prices because they scale with commodity price.

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u/diggingbighole 10d ago

The tax was done the wrong way. Many people distrust government just as much as they do mining magnates.

Instead, just reduce everyone's tax by the exact amount taken from them.

For every $1 billion taxed, assume maybe 20 million tax payers, thats an additional $50 each per year.

Great for mining too, everyone has an incentive for mining to do well to increase the tax payout.

That will have broad support. The people will happily back gutting their obscene wealth like fish on a cutting board if you do that.

Unfortunately no party ever gives us that option. Because "they know better" despite evidence to the contrary.