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Franking Credits., page-163

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rookstar

5,085 Posts.

806

09/12/22

08:37

Post #: 65233138
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Originally posted by boomeronrations ↑

So the thread still goes.
As per pre the Shorten election , lots of ignorance both sides.

'' someone with an effective tax rate below 30% thinks they are hard done by - because they can't write down their tax even more, or claim a refund, it seems very... very rich.''
Like somebody on 30k taxable income per year , which includes 7k of telstra dividends?

My god you are as thick as a brick cutty , blinded by ideology .

The changes that Labor is attempting to bring in at present are not the same as last time , and overall i agree with them.
And still disagree with what they were trying to do last time.

I would try and explain the difference but you are not interested in complexity , and things like horizontal and vertical equity.
All just too hard , boo hoo.

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Dont worry about him, just like franked dividends are paid by the company on behalf of the shareholder and the company pays the withheld tax from him being employed are pretty much the same thing in reverse.

Old mate wants it 1 way and not the other, just shows you the level you are dealing with.

He has his opinion and thats reasonable.
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