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15:44
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Originally posted by dolcevita:
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I agree a limit of the amount in both pension and accumulation phase should be introduced; this in turn would reduce the franking credits refunds which in turn; gives the Government more funds for schooling, hospitals etc Closing the stable door after the horse has bolted. You are part of the problem, saying you are all for not paying taxes within legal limits...which is code for exploiting loopholes. Time and again after contemplating a lifetime of making the rich unconscionably richer, I see a shred of integrity creep in but it's very limited.
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I think you are confusing tax evasion with tax avoidance. It is not our fault if politicians don’t draft proper legislation.. As the late Kerry Packer said in a senate enquiry ,….only a fool pays more tax than he has to, and believe me I can spend it more wisely than the govt.
