Some of her comments she makes but goes nowhere with them, the worst of these being : "PBO documents show nearly half (48.8 per cent) of individuals who claim excess franking credits have a taxable income under $19,000 a year"* but given she was unable to go anywhere with this statement to support her own bias, that it was "vested interest doing what vested interests do", which was supposed to convince us "don't be fooled" she warns, it is all to do with vested interests, apparently.
She was simply saying that 48% of those who claim franking credits have taxable income under 19k. Her very next sentence (that you conveniently left out) was - But as shown in the graphic, ABS figures show households with a net worth of more than $1.97 million own 71.8 per cent of shares, with a further 14.3 per cent held by households worth between $1.29 million and $1.97 million.
She is saying that it appear to be wealthy people with low taxable income are the ones affected.
Shouldn't be that hard to understand, especially for someone with a supposed economics degree,
