Wheres that investment dollar gonna go if Shorten has his way?
Australian Franking Credits History. Franking Credits or Dividend Imputation was first introduced by the Hawk/Keating Government in 1987.Dividends are paid out of profits which have already been subject to Australian company tax which is currently 30%. This means that shareholders receive a rebate for the tax paid by the company on profits distributed as dividends.
Destroy Franking Credits = Create Pension bound self funded retirees.
Wheres that investment dollar gonna go if Shorten has his...
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