Labor's Grandma Tax, page-13

  1. Treefern
    2,423 Posts.
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    16/03/19
    00:06
    Post #: 37781827
    "Given she has no tax liability, she would otherwise have received that $13,700 in unused franking credits as a return. This represents 30%, viz 13,700/45,700. Hence, this widow would lose 30% of her yearly net income"

    ….and her husband.....

    Thanks for the input Pic.
    Last edited by Treefern: 16/03/19
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