Labor have not announced too many policies yet and why should they before an election is called.
But they have announced a gradual phasing out of negative gearing and a cut to the capital gains tax concession.
They are not removing franking credits as you posted, that's crap.
They are removing the refund of franking credits for many of the wealthier people who pay no income tax while retaining the refund for some others.
Personally I think they are off to a good start but IMO tax concessions need to be tightened a lot more than what Labor has announced.
I have not heard any mention of death duties coming back. Where do you get that from?
Dave R.
