PZ99
( ͡° ͜ʖ ͡°)
- Joined
- 13 May 2015
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That's not how it's going to be rolled out at all.
They are not abolishing the franking credit; just the cash refund that's given away to shareholders who don't pay tax in that year.
That's not how it's going to be rolled out at all.Well the company pays the tax, the dividend is included as income and then the franking credit is taken off. If the franking credit can't be applied, then it boils down to double taxing. If that is how it is rolled out.
That's not how it's going to be rolled out at all.
They are not abolishing the franking credit; just the cash refund that's given away to shareholders who don't pay tax in that year.
In other words... welfare. We are a welfare state that can't balance the budget.Which could be your non working wife, if she has shares in her name, and stops work to have a family? Or a person who has bought shares with after tax dollars while working and living off the dividends, while looking for another job.
In other words... welfare. We are a welfare state that can't balance the budget.
Crikey, we have Family Tax benefits and paid parental leave. We used to have a baby bonus.
Paying people to have kids creates a sense of entitlement - wasn't that supposed to be over?
Why should having kids be a further liability on the taxpayer?
I gather their income is from divvies and they don't qualify for the pension?I doubt my parents work again at 76
Because we don't have the money to pay for 18+ years of holding their hands for them.Because we are importing people in large numbers already, why not encourage our own to breed?
Importing people to work and pay tax from day 1 sounds like a better plan for the budget.
OK so the ALP is ending some vote buying welfare set up by a previous conservative Govt.
Don't expect much sympathy from me
Why should you get a refund if you don't pay tax?
They're not giving your money to the Govt.Because my threshold is not eligible for taxation, but the company was obliged to give my money to the govt?
OK so the ALP is ending some vote buying welfare set up by a previous conservative Govt.
Don't expect much sympathy from me
Why should you get a refund if you don't pay tax?
They're not giving your money to the Govt.
Not that I know of.How so? Is it not sent by the companies to govt?
Not that I know of.
The company pays the 30% to the ATO and you get the franking credits. No change there.
I don't know what you're talking about mate. Semantics?So you are splitting hairs between the ATO and Govt. I think you know what I was saying.
I don't know what you're talking about mate. Semantics?
Where does the money collected by the ATO go?
Or re opening detention centres, and glossy travel magazines for Indonesian refugee camps.If labor has its way into treasury and spent on programs.
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