5/03/2010 11:58:00 pm

Superprofits Comedy Hour

Posted by Tom French |

I heard the Prime Minister on breakfast radio this morning being funny and stuff. He wasn't actually that funny. In fact I was a little embarrassed for him. But I could at least tell he doesn't take himself too seriously.

He was telling us all why this new mining superprofit tax thing is a good idea.

When it was on the news tonight, I saw that the mining companies had fired 600 workers (I can't find that figure anywhere). I laughed, as did my house mate. I laughed because I thought "The mining companies are making $80 billion in profit and they're laying workers off and blaming the government." My house mate laughed and said "This tax is a joke!" I'm pretty sure we weren't laughing for the same reason.

Still I learnt about the $80 billion figure for K-Rudd, so I'm just swallowing the propaganda thank you Prime Minister.

All the resources stocks have dropped as a result of this tax. It'd be pretty amusing if their stock slumped so much the government couldn't get their planned amount of tax out of them. I don't know if that's possible, but it'd amuse me if it was.

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