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Shorten Tax Grab, page-78

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maya.m

3,424 Posts.

496

16/03/18

20:35

Post #: 31819507
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Originally posted by maya.m ↑

Shorten is all wrong about this.
There are a few things I could argue with.
First of all self funded retirees do not claim/get any pensions, saving the government a fortune.

When you buy shares, you are risking your money -with the hope of course, that you are not going to lose it, but nothing is guaranteed.

What is the taxation policy on capital gains?
-If you make money, you pay tax.
-If you lose money, tough luck!

Now when you buy shares, you become a part-owner of this company.
Then the company pays you dividend, and it should not matter, that you personally didn't pay the tax, the company paid for you, the company which you partly own.

I am not yet pensioner by age, but I am living off the dividends, and I would be over $6000.00/year worth off.
Shorten is all wrong on this one, and I hate him for this stupid idea, -than again all his ideas are stupid.

I reckon they should start to cutting back on the politicians pay, and all the perks they are entitled to.

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Anyone out there articulate enough to take on my /and others arguments and go on a debate with Koshy, or Tracey Grimshow?
I think they would /could make a difference.
Absolute ridiculous policy, punishing the people who worked /saved in all their lives.

Shorten go to hell!
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