But just in case it doesn't, stamp duty collected by the New South Wales State Government has comfortably more than doubled over the past three years.
This essentially means that the blubber is already being whaled, and the homeowner plankton would need to be harvested (OK, I don't think the metaphor extends this far).
And that a tax which is designed to lower the value pool of what it is levied upon would eventually be self-defeating, and could even cause a financial collapse depending upon who you choose to believe.
These arguments have all been covered in detail on the world-wide-interweb.
The iron ore spot price has soared by a further 11 per cent over the last three trading sessions to $64.77/t, to be up by nearly 50 per cent over the calendar year-to-date.
The iron ore spot price is now at its highest level since June 2015, and are rapidly closing in on the prices last seen in January 2015.
Dalian coking coal futures are also up by more than 55 per cent over the year-to-date.
Oil up. Copper up.
An enormous boost to the budget.