Labor to scrap franking credit refund...This will be front page news today...., page-264

  1. JonnoH
    16,319 Posts.
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    15/04/18
    07:20
    Post #: 32461327
    I know that you think franking credits are just a withholding tax.

    I don’t. I see franking credits as they were originally intended, which to solely to ensure company profits were not taxed twice. The way it is now, we are just giving away the company tax collected.

    Long overdue reform to fix the structural deficit mess, well done Labor.
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    lightbulb Created with Sketch.  Great analysis
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