The franking credit 'refunds' are not refunds but a hand out, a form of welfare, a taxpayer funded reward for investing in shares. It is designed so that the more shares you own, the bigger the hand out. 75% of the taxpayer handout goes to the richest 10%.
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Still trousering the grubby Murdoch shilling
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Courage or suicidal tendencies. If Labor leadership think that they can win election with this policy they are delusional. They are virtually gifting the next election to Mr. Turnbull and Co.
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The utter gall of Labour, proposing changes that would stop extremely well-off receiving a tax refund when they pay no tax!
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