all Labor had to do was have a proposal to have the 10% GST on the franked credit , that is 10% of 30% which equates to 3 cents in the dollar..everyone gets a bee sting and you pay proportionate to what you earn . No Hoohah , no one unhappy as such ,no remonstrations , demonstrations and angst....we all understand the GST and accept it somewhat. Simple Simple BUT NO Labor has to rock the boat with this thought bubble of stealing and persecuting SMSF's ..unbelievable..easy to collect through the ATO...the money sought ( stolen ) would be about the same as what was envisioned by these lightweights...
