In fact who would feel sorry for anyone losing a tax refund for tax they never paid and should never have been getting in the first place.
U are just using a point of reference in our tax history to suit ur argument.
One could argue that Keating pinched their entitlement also with the introduction of imputations credit. He put an immediate stop to shareholder use of dividends by deferring a portion of their rights of usage.
So it’s incorrect to say that they shouldn’t been getting in the first place.
All u need is to say is that the govt. has the right to change the rules.
