Labor's Grandma Tax, page-28

  1. 9,726 Posts.
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    They are old.
    That makes it OK to steal their money then mojohand.

    My company which earns $60k a year
    pays $20k in tax.

    Of the remaining $40; $30,000 is distributed to two directors.

    Each pays approximately another 30% tax on their dividend income ($10,000).

    Of the original $60,000, half has already gone in tax.

    Then we have helpful people like Shorten, mojohand and daver.
    Soon they will ration the air we breathe - with lefty compassion.
 
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