COVER STORY: Henry Tax Review’s vicious attack on miners, families*

It took over four months for the Rudd Government to respond to the report of its tax review panel, headed by Treasury Secretary Dr Ken Henry.The Government will impose a 40 per cent Resource Super Profits Tax on mining companies from July 1, 2012. This is the centrepiece of the Government’s response, and will yield $9 billion in 2013-4, if mining profits continue to rise at their present rate.While the Prime Minister trumpeted the slashing of company tax from 30 per cent to 28 per cent, most i…

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