Dishonest ALP Franking points, page-21

  1. 5,633 Posts.
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    Yup... Working in finance, there is already the mindset of "why bother" becoming more and more common. Its quite sad, although hard to disagree.

    The difference in support of this policy change is a simple as:

    Those for it want to live off the taxpayer. Those against the changes sacrificed to invest in shares where dividends are already reduced by taxes paid and don't want it reduced again.

    The 1.6m transfer balance cap already assures the 'mega rich' pay tax on their superannuation. I deal with these people daily and there is no magic bullet to paying no tax if you earn a lot of money (unless you're in a constitutionally protected government super fund).
 
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