Tuesday, 4 March 2008
Where is your rural and regional tax dollar going to?
ABC News reported this yesterday.
"The NSW northern district president of the Construction, Forestry, Mining and Energy Union (CFMEU), Ian Murray, says official figures show the big mining companies received $1.3 billion in fuel rebate concessions last year, while coal prices were at record highs.
Mr Murray says it appears taxpayers, who are paying more than $1.40 at the bowser, are subsiding the coal companies.
"Why do companies that are reaping the highest prices - unprecedented profits that they have out of this industry - still receive taxpayer-funded fuel rebates?" he said.
"It is embarrassing to be part of an industry where this is taking place."
This is something many living in regional areas such as the NSW Northern Rivers, with poor or non-existent public transport, would like an answer to.
It's bad enough that within bowser prices it appears that a tax upon a tax exists, without finding that hard-pressed motorists and working families are subsidising some of Australia's richest and dirtiest polluters.
Labels:
Australian corporations,
economy,
environment,
politics
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