The mining industry has gone into flat-spin mode with the secret preference deal the ALP has done with the Greens. This political deal basically does away with the Gillard ‘big three’ mining industry deal. Bob Brown wants to destroy the mining industry as part of his anti-carbon crusade and will not support the legislation through the Senate unless the tax is increased. What the left don’t understand is that tax destroys wealth and over the long-term government revenue. Higher tax rate = less economic growth = less tax revenue for pet left-wing social government spending.
Liberal supporter and mining magnate Clive Palmer interview here. “The politics of envy will destroy the country.”
Sometimes ALP to apolitical mining magnate Andrew Forrest interview here. “…we can’t model for our stakeholders…” “…a major socialist agenda…”
Bob Brown is a fanatic. He does not care who is sacked, who he makes poor or what community he destroys as long as he gets his fundamentalist environmental agenda across the line.