Greens leader backs mining tax
Federal Greens leader Christine Milne has argued for the mining tax, saying the benefits of the boom needed to be shared “right across the economy”.
While the Minerals Resource Rent Tax only applies to the iron ore and coal industries, the Greens have made no secret of their wish for it to be expanded back to former Prime Minister Kevin Rudd’s resource super profits tax proposal.
That proposal applied the tax to the “super profits” of all resources, including gold, nickel and uranium.
In an interview with the Kalgoorlie Miner during her visit to Perth last week, Ms Milne was asked for her view on the fears of Goldfields Miners reliant on those resources with regards to expanding the tax.
In response, she said the taxes only applied to companies which were making large profits.
“It is not as if the companies involved are paying on every dollar that’s earned,” Ms Milne said.
“It is only when they reach a certain level of profit."
