Proposal to abolish refundability of Franking Credits, page-57

  1. 697 Posts.
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    Bit hard to argue against what appears to be just a strongly held opinion.

    Everyone pays tax via GST.

    The company tax is not "given away".It is credited against other parts of income,and while it may be refunded in total to someone under the tax threshold,for those with an income that puts them in highest bracket,tax is still paid.
    The imputation system brings fairness into the system enabling and encouraging low income earners to invest in the nations productivity.

    If you vote for Bill you vote for financial havoc across Australia except in the unions and Labour party who will be swilling champagne as the country goes down the gurgler.
 
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