Archive for 'Mining taxes'
Some random thoughts on Marx, absolute rent and the mining industry
Posted by John, March 2nd, 2015 - under Karl Marx, Marx, Minerals Resource Rent Tax, Mining, Mining companies, Mining taxes, Organic composition of capital.
Tags: Absolute rent
Comments: none
Absolute rent has caused great debate and controversy among left wing writers. Is it actually two concepts – monopoly rent and absolute rent, or just absolute rent arising from the low level of say capital investment in agriculture? [12] I adopt David Harvey’s approach, of distinguishing between absolute rent and monopoly rent. [13] Others, like Faysil Yachir, argue that despite a very high OCC in the mining industry there can still be absolute rent because of monopoly.[14] The two, as I have outlined above are different, but related, a matter which I hope becomes clearer when we work through the differences between State and Territory absolute rents such as royalties and Commonwealth monopoly rents in the form of rent taxes.
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Me on the mining tax
Posted by John, September 2nd, 2014 - under Minerals Resource Rent Tax, Mining maggots, Mining taxes.
Tags: ALP, Australian Labor Party
Comments: none
My article ‘The Minerals Resource Rent Tax: The Australian Labor Party and the continuity of change’ has been published in (2014) 27 (1) Accounting Research Journal 19. If you have University Library access you can have a read if your library has subscribed. It borrows from the ideas of Tom Bramble and Rick Kuhn about […]
My article ‘The Minerals Resource Rent Tax: The Australian Labor Party and the continuity of change’ has been published
Posted by John, August 21st, 2014 - under Labor Party, Minerals Resource Rent Tax, Mining taxes, MRRT, Resource Super Profits tax.
Tags: ALP, Australian Labor Party
Comments: 1
My article ‘The Minerals Resource Rent Tax: The Australian Labor Party and the continuity of change’ has been published in (2014) 27 (1) Accounting Research Journal 19. If you have University Library access you can have a read if your library has subscribed. It borrows from the ideas of Tom Bramble and Rick Kuhn about […]
Australia’s mining barons stole the boom
Posted by John, August 26th, 2013 - under Mining, Mining companies, Mining maggots, Mining taxes.
Tags: Boom and bust
Comments: 3
The resources boom has been an El Dorado for big and dirty capitalism. Now that the capitalists see the writing on the wall, they are preparing to launch another round of attacks. Our side got nothing from the boom. We sure as hell shouldn’t have to pay for the bust.
Tax: some recent unpublished Financial Review letters
Posted by John, April 3rd, 2013 - under Mining taxes, Super profits, Superannuation, Tax, Tax the rich.
Comments: none
I have written recently to the Australian Financial Review – a newspaper in the process of joining the fruitcake faction of capital and becoming a more educated version of The Australian – on mining companies and tax and superannuation. In the interests of free speech for more than just billionaires and their sycophants I reproduce below my to date unpublished letters.
The Minerals Resource Rent Tax and other lies
Posted by John, February 8th, 2013 - under Minerals Resource Rent Tax, Mining, Mining companies, Mining taxes, Resource rent taxes, Resource Super Profits tax, Super profits.
Comments: none
The money is there. So why not start all over again? I have a suggestion. How about a 40% super profits tax applying to all resources? Oh…The ghost of Kevin Rudd ensures that won’t happen.
And while we are at it, why not a super profits tax on all super profits, not just those in the resource sector. The Big 4 banks come to mind.
Will the big miners dump Gillard too?
Posted by John, October 21st, 2010 - under Julia Gillard, Minerals Resource Rent Tax, Mining, Mining companies, Mining taxes, Nationalisation, Resource Super Profits tax.
Comments: none
Nationalise the mines under workers’ control.
More rich bastards rattle their pearls in protest
Posted by John, August 18th, 2010 - under Mining companies, Mining maggots, Mining taxes, Polluters, Rich.
Tags: Education, Election 2010
Comments: 2
It’s the interests of the rich schools, the rich miners, the big polluters and the other billionaire bludgers whom Gillard and her Labor Party serve.
Tax the mining companies to keep interest rates down
Posted by John, August 7th, 2010 - under Interest rates, Mining companies, Mining taxes.
Comments: none
One of the best ways to keep interest rates down would be to properly tax resource rents. Thanks for the forthcoming interest rate rises Julia and Tony and Markus, Tom, Twiggy and Clive.