Proposal to abolish refundability of Franking Credits, page-317

  1. 5,995 Posts.
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    Basically it will all be  semantics...9 of the 10 cross benchers are opposed to the tax grab and one is indecisive....It will be watered down to a CAP of between $10,000 to $20,000

    Shorton will be appeased as the RICH will still get hit...the middle income earning retirees will escape somewhat....and more importantly the lower income people will not be bludgeoned.

    Bowen and Shorton will bluster they won the day because their target was the rich rorters....blah blah blah..and we saved the battlers..blah blah blah..


    Heres another POLL...support for the tax dropped from 33% to 30% from march to december...opposition still 48%...clueless 22%


    and yes One million would have been affected...


     Call Shorton what you like but he is a politician , his main aim like all pollies is to be re-elected...he is no fool... one million voters !!!!!



     



    OLD NEWS...Bowens office is leaking...you should read more...especially unbiased resources....
 
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