"-How can you Double tax someone who pays no tax to start with?"
Good point!
Now please explain where the tax has not been paid?
I explained it and many here understood, clearly it's just going over your head.
Super contributions TAXED
Super accumulation phase TAXED
Shares of company (ie; part ownership bought with previously TAXED and EARNED income), company has been TAXED
Pensioner is no longer working and is not supposed to be taxed so they get the TAX RETURNED
I bet you have never complained about getting a TAX RETURN each year?
Hypocrisy at it's best.
Now please explain Cameronb what part of this is either incorrect or to difficult for you to understand!
Nb: I understand your probably just a troll so thankyou for giving me a chance to repeat this for any who are unsure about how unfair this proposed change is, it's downright disgusting and is a direct attack on people who have paid their fair share already.
Ann: Update - Dividend/Distribution - TLS, page-89
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