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 !!!!!
Originally posted by JonnoH
You really have no idea.
"In the case of the work undertaken for Senator Leyonhjelm, that would take into account the $1.6 million transfer balance cap for superannuation?
«Ms»«Wilkinson» : Absolutely—that's a piece of policy that's been legislated.
Senator McALLISTER: So suggestions that it didn't are wrong? Because those suggestions have been made publicly.
«Ms»«Wilkinson» : To be clear, in the actual policy costing document that was circulated by Senator Leyonhjelm, we outline our key assumptions and the methodology that's applied, and we're clear in those assumptions and methodology that the policy costing takes into account existing policies of the day. I'll just see if I can find exactly where it is in the advice. I'll get one of my colleagues to point you to the specific part in the advice, but it absolutely takes into account the transfer balance cap."
https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;adv=yes;orderBy=customrank;page=0;query=dividend imputation Ms Wilkinson Dataset:reportsen,estimate;rec=1;resCount=Default
'Leak out of Bowen's office' - ROFL
You are getting very desperate now. Very desperate!
OLD NEWS...Bowens office is leaking...you should read more...especially unbiased resources....
