From lev.lafayette at isocracy.org Thu Feb 17 22:00:47 2011 From: lev.lafayette at isocracy.org (lev.lafayette at isocracy.org) Date: Fri, 18 Feb 2011 09:00:47 +1100 Subject: [Land-and-Labor] The Price of Not Implementing the Resource Rent Message-ID: <1c7a8add27c6a8c0b1c8dd163095bb0c.squirrel@webmail.isocracy.org> Now we know the cost of not implementing the resource rents as originally proposed. $60 billion over the next ten years extracted from useful labour, and productive investment and reductions in public goods and services. $60b shortfall in revised mining tax http://www.abc.net.au/news/stories/2011/02/16/3139919.htm BHP Profits http://www.theage.com.au/national/huge-bhp-profit-puts-heat-on-pm-20110216-1awnf.html