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Other cases are still to come, such as the super profits to be made from cherry-picking the profitable parts of NHS hospital work, or the massive losses to be expected from corporate fraud.
Super profits and the urge to control nature and society.
A tax was first mooted in 2010 at a rate of 40% on all mining "super profits", but the legislation passed this week will implement a 30% tax on the super profits made from producing iron ore and coal.
These were the "super profits" that Kevin Rudd's Labor government tried, without success, to capture a part of.
Booming mining companies earning super profits declare war against any moderate taxation measures proposed by Treasury bureaucrats.
If Australia taxed pollution and the super profits of mining companies, we could all have a big income tax cut.
Similar(20)
It worries that the big builders won't be able to get away with charging a premium of more than 20% for new-builds, and that the super- profits may be coming to a close.
It reflects greed and super-profits.
A tax on banks' "super-profits".
The super-profits tax is a much bigger issue.
We are not driven by the need to make super-profits to keep shareholders happy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com