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It was, by any measure, a most unusual rally. Many of the placard-waving protesters gathered in a Perth park wore suits and ties, and impassioned speeches were delivered from the back of a flat-bed truck by two billionaires, including Australia's richest woman.
Gina Rinehart's pearls glistened in the sunlight as she bellowed through a megaphone: "Axe the tax!" Ms Rinehart has a personal fortune of $4.8bn (£2.7bn). Andrew Forrest, in monogrammed worker's overalls, told the well-mannered crowd that Australia was "turning Communist". Mr Forrest is the country's fourth richest person, worth an estimated $4.2bn.
Both Mr Forrest and Ms Rinehart have amassed their wealth from digging up iron ore in the remote Pilbara region. Like other mining magnates, they have grown fabulously rich during a resources boom based largely on China's insatiable demand for the coal, iron, nickel and other minerals that lie in abundance beneath Australia's rust-red soil.
Now Kevin Rudd's Labour government is planning to levy an extra tax on the mining industry, and the industry is furious. The issue has dominated the political agenda for weeks, and is even threatening to torpedo Mr Rudd's chance of being returned to power at an election due to be held before the end of this year.
Labour, which had an unassailable lead over the conservative Liberal-National Party coalition six months ago, is now trailing by six percentage points, according to a poll this week. If that were translated into votes on election day, Mr Rudd would become the first prime minister for nearly 80 years to lose office after just one term.
They now understand something Jeb Bush in Florida has been operating for years with, that is: THE POOR HAVE TOO MUCH AND THE RICH DON'T HAVE ENOUGH" This is documented in the bible where Christ said, "it is easier for a poor man to gain entrance into heaven as it is for a Camel to walk through the eye of a needle".
when people asked to follow Christ, he said "sell all you have and give it to the Rich
and then follow me".
Originally posted by ldyserenity
Oh, Dear poor, poor, rich people my heart bleeds for you. This is the world's smallest violin I shall play it for you, while you are so blatantly oppressed and overtaxed.
Originally posted by ghostsoldier
2000 - 7:1 - 7 profit, 1 tax
2010 - 21:1 - 21 profit, 1 tax
This tax has nothing to do with them paying for the lack of vision in others (except maybe the previous Gov) - it has to do with them going back to reinvesting a proportional amount of wealth back to the people living in Australia, of whom the resources belong.