Not at all. Even if you accept those calculations, Aust rate remains well behind Asian average (21.9%)...
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So
@ChristineJackmn you're admitting your members already pay FAR below the company tax rate -- and want to contribute even less? - 1 more reply
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@JrehnJ@BCAcomau@ChristineJackmn@guardian And does that include the deeming which takes another 5% or so off? -
Oops, that's franking credits Where company tax paid comes off personal tax
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Australia is one of a few countries to do this
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... and the US goal of 15%. Facts - not GetUp! spin.
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It's disgusting that's what it is and disrespecting of every hard working Aussie
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And non-tax paying pensioners will get less of a refund due to less franking
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Do personal income tax payers realise their shareholding dividends will have a 10% tax
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Let's just cut corp tax to 0%.
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cuts will end up as dividends2shareholders see Cassidy NYrkr22Dec16 Trumbal's prpn silly
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@gordonkerry rent-seekers gonna rent-seek -
ain't that the truth.
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...and the UK (reduction to 17% by 2020)...
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...and the global average (23.6%)...
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No one's buying what your shoveling.
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