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marclar

281 Posts.

19

04/04/18

08:54

Post #: 32201794
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Originally posted by JonnoH ↑

The future fund is a govt entity. It doesn’t matter if they can access franking credits or not as it’s just taking out of one pocket and putting it in another.

All retail super funds can use the franking credits to offset their liabilities. Only less than 8% of taxpayers get a refund cheque so > 92% are not even affected by the policy.

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What is the percentage of the below tax free threshold dividend income earners? The ones most effected by this. Which you think is OK to take from. It should not matter what the percentage is they are the ones who will be much worse off.

The 92% that are unaffected are the high income earners they are well off.
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