[Land-and-Labor] The Price of Not Implementing the Resource Rent

[lev.lafayette at 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