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ALP state Treasurer: Rudd proposed tax on mining profits 'flawed'

Comments on ABC report "Rudd proposed tax on mining profits 'flawed': Fraser", 6/05/2010, http://www.abc.net.au/news/stories/2010/05/06/2892069.htm?section=justin

I have earlier commented the difficulties of defining super profits for mining companies in modern times.

Now the Queensland Labour government Treasurer, Andrew Fraser has said the super mining profit tax proposal has flaws, although he also said that "But I think if we work closely with industry as governments then you can get a design that protects investment and promotes jobs."

Note that the federal government is ALP.

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