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The Trust Debate... An ALP Win, page-5

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denk12

7,449 Posts.

1

01/08/17

09:33

Post #: 26205978
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Originally posted by raiderup ↑

Micheal, surely the validation of " good policy ", is universal adoption of said policy?

If all tax payers adopted the uses of the trusts, negative gearing and novated car leases,you could bet ya bottom dollar, any government of the day, would legislate to remove the above instruments for tax minimisation, or severely alter them.

Its worth remembering the current government is relying on bracket creep to balance the budget, this will be the domain of PAYG workers = lifters ,not the leaners using the above instruments.

Raider

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Raider

Indeed! .... 'surely the validation of " good policy ", is universal adoption of said policy'?

It can also be achieved by eliminating any tax rate differentials, or staggered marginal rates.
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