A federal govt can't raise taxes on resoucres extracted from their own property! WHAAAAT?That the Federal government can not raise taxes on state property?
Minerals are owned by the state.
Thus a tax on minerals could plausibly be in breach of this and this is where any legal challenge on the mining tax would be made.
The Federal government would probably win the case by arguing that the tax was on the profits made from state property and not on state property itself.
So this court case will be state V itself? Who will be first to make the move? The state or the state?