The Minerals Resource Rent Tax came into effect on July 1, 2012. It is a 22.5 per cent tax on the profits of iron ore and coal projects but only applies to profits over $75 million. There have been calls on different sides to both abolish and expand the tax.
Statistics are shown for this demographic
Ideology
State
Response rates from 6.6k Sydney voters.
70% Yes |
30% No |
55% Yes |
21% No |
15% Yes, close loopholes and increase mining taxes |
5% No, leave tax as is |
4% No, leave it up to the states |
|
1% No, and we should abolish it |
Trend of support over time for each answer from 6.6k Sydney voters.
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Trend of how important this issue is for 6.6k Sydney voters.
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Unique answers from Sydney voters whose views went beyond the provided options.
@9TQ5HHD2mos2MO
Regardless, this should be decided by a CTA (Comprehensive Tax Audit) at the end of every year, inspecting the budget and everything and deciding where to reduce spending, where to increase spending, where to reduce or increase taxes, where to privatise, where to publicise, etc. The mineral resources tax should depend on how much service/s contributed by the mineral companies.
@4SNPK4B 3mos3MO
Yes, but only on coal, to maximally discourage mining and burning even more coal. I see no particular need to have a specific tax on iron mining.
@9D67HJZ1yr1Y
Only for foreign owned companies.
@92GCYYF3yrs3Y
No, nationalise the mining industry instead
@923BSSV3yrs3Y
Yes, the rate should be in accordance with corporations tax.
@8ZFLF483yrs3Y
Have not done enough research
@8TLHSVK3yrs3Y
This tax rate should be lower for less appealing/challenging project locations and higher for more appealing/easier locations.
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