Labor to scrap franking credit refund...This will be front page news today...., page-53

  1. 24 Posts.
    Ffs no one is taxing you income, they are just not giving you a rebate on the tax paid by the corporation. You talk about the younger generation, I am a part of that generation but lucky enough to be able to invest in shares. Actually what I see is a tax revenue hole that will be covered by taxing me more. How likely is that I will get to draw on a tax free income by the time I am 60 of this continues?
 
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