Proposal to abolish refundability of Franking Credits, page-266

  1. 12,970 Posts.
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    The behavioural changes reduce revenue by around 20% in first year I believe.

    Pensioners may sell their shares. The issue is, who buys them? OS buyers (no reduction in rev) or buyers in a higher tax bracket (extra rev)

    I'm not really interested in analysing each individual income bracket as i'm happy with the PBO analysis and don't have the time.
 
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