@**meep** wrote:
I could be way off here polksaladallie but i think he needs to be Australian
Bummer. One of these two, then.
JMK: "I think you should vote liberal, it's a good fit for you. Don't worry about the parental leave, it won't get through and is only an election stunt."
At last, someone who has remembered that we have a Senate
SN, the effect of Abbott's suggestion to have a 1.5% tax on some 3000 businesses will not be upon all savings as your image strives to imply, because "The biggest impact will be felt by retirees who rely on dividends for some of their income." However, the affect will be just upon those dividends with franking credits.
My share portfolio has mainly FF dividends, and under Abbotts plan will be expected to return myself 98.5 % of what I would currently expect, which represents a drop of over $1k. This puts myself in the position of disliking the proposal, but at the same time not prepared to complain, as for some years I have not paid any tax whatsoever on my SMSF dividends, although my pension is taxed at the standard rates.
LL do you really believe that "some never voted Labour " voters (Myops) would actually change their vote? I wonder if "they" have considered/compared (know of?) the ALP proposed changes apropos SMSFs earnings on assets supporting pensions?
I really do wonder.
LL: "i don't wonder at all, if they had access to un-fiddled facts they might come to the right conclusion (for them)"
That needs to be explained LL, because both parties proposed changes to SMSFs have been explained by many apolitical business commentators, and it is pretty hard to fiddle basic financial facts , especially when each side is at pains to point out the demerits of the other's scheme, and the merits of their own!
