Sir,In justifying his proposed resource rent tax, Prime Minister Kevin Rudd takes the populist line that the Australian people should enjoy a greater share of the so-called “super profits” that mining companies are currently earning by exploiting “their” mineral resources.Putting aside for a moment the obvious point that these companies already make a substantial contribution to the revenue base through the payment of company tax, GST, payroll tax and other state and federal charges (not to ment…
