Labor’s Franking Credit Changes
@laborsfranking.bsky.social
The “cost” of capital gains tax discount is derived by applying a hypothetical tax rate 212% higher than the OECD average and comparing it to the current CGT.
BTW the current CGT is 13th highest in OECD and 56% higher than OECD average. www.oecd.org/en/publicati...
BTW the current CGT is 13th highest in OECD and 56% higher than OECD average. www.oecd.org/en/publicati...
August 2, 2025 at 4:47 PM
The “cost” of capital gains tax discount is derived by applying a hypothetical tax rate 212% higher than the OECD average and comparing it to the current CGT.
BTW the current CGT is 13th highest in OECD and 56% higher than OECD average. www.oecd.org/en/publicati...
BTW the current CGT is 13th highest in OECD and 56% higher than OECD average. www.oecd.org/en/publicati...
Australian property capital gains, with discount are 13th HIGHEST of the 35 OECD countries and 56% HIGHER than the OECD average.
Why would increasing that tax to 212% HIGHER than the OECD AVERAGE be justified ??
www.oecd.org/en/publicati...
Why would increasing that tax to 212% HIGHER than the OECD AVERAGE be justified ??
www.oecd.org/en/publicati...
August 2, 2025 at 4:34 PM
Australian property capital gains, with discount are 13th HIGHEST of the 35 OECD countries and 56% HIGHER than the OECD average.
Why would increasing that tax to 212% HIGHER than the OECD AVERAGE be justified ??
www.oecd.org/en/publicati...
Why would increasing that tax to 212% HIGHER than the OECD AVERAGE be justified ??
www.oecd.org/en/publicati...
It’s worrying that you don’t know, or care, that capital gains tax in Australia are taxed at the 13th highest rate of the 35 OECD countries at a rate 56% HIGHER than the OECD average. AND THAT’S WITH THE DISCOUNT.
Removing the discount would take the AU tax 212% Higher than the OECD av
Dilettante.
Removing the discount would take the AU tax 212% Higher than the OECD av
Dilettante.
August 2, 2025 at 4:22 PM
It’s worrying that you don’t know, or care, that capital gains tax in Australia are taxed at the 13th highest rate of the 35 OECD countries at a rate 56% HIGHER than the OECD average. AND THAT’S WITH THE DISCOUNT.
Removing the discount would take the AU tax 212% Higher than the OECD av
Dilettante.
Removing the discount would take the AU tax 212% Higher than the OECD av
Dilettante.
Insightful response. Not.
July 16, 2025 at 9:07 PM
Insightful response. Not.
Bowen will never wake up.
He will bring Australia down unless he is removed from office.
He will bring Australia down unless he is removed from office.
June 5, 2025 at 4:26 PM
Bowen will never wake up.
He will bring Australia down unless he is removed from office.
He will bring Australia down unless he is removed from office.
I can’t explain away that type of stupidity.
June 3, 2025 at 9:22 AM
I can’t explain away that type of stupidity.
Every law applies to every Australian. Who knows who will buy shares in the future and come face to face with Labor’s inequitable policy.
June 3, 2025 at 9:17 AM
Every law applies to every Australian. Who knows who will buy shares in the future and come face to face with Labor’s inequitable policy.
Labor’s policy are designed to disadvantage by deceit.
June 2, 2025 at 12:56 AM
Labor’s policy are designed to disadvantage by deceit.
And they haven’t been honest either.
June 2, 2025 at 12:54 AM
And they haven’t been honest either.
Labor’s 2019 franking policy was dishonest and inequitable and needed to be called out.
June 2, 2025 at 12:53 AM
Labor’s 2019 franking policy was dishonest and inequitable and needed to be called out.
It was Labor’s 2019 policy based on lies.
June 2, 2025 at 12:51 AM
It was Labor’s 2019 policy based on lies.
Labor’s 2019 franking policy was dishonest.
June 2, 2025 at 12:49 AM
Labor’s 2019 franking policy was dishonest.
You just have to click on the image, retard
May 31, 2025 at 11:13 AM
You just have to click on the image, retard
If you can’t manage access to it you shouldn’t be commenting. NPO
May 31, 2025 at 11:12 AM
If you can’t manage access to it you shouldn’t be commenting. NPO
Table 14 in the download
Harding, M. and M. Marten (2018), “Statutory tax rates on dividends, interest and capital
gains: The debt equity bias at the personal level”, OECD Taxation Working Papers, No. 34,
OECD Publishing, Paris, doi.org/10.1787/1aa2....
Harding, M. and M. Marten (2018), “Statutory tax rates on dividends, interest and capital
gains: The debt equity bias at the personal level”, OECD Taxation Working Papers, No. 34,
OECD Publishing, Paris, doi.org/10.1787/1aa2....
Statutory tax rates on dividends, interest and capital gains
This paper presents statutory tax rates on several forms of capital income, including dividends, interest on bonds and bank accounts, and capital gains on shares and real property, including integrati...
doi.org
May 31, 2025 at 11:09 AM
Table 14 in the download
Harding, M. and M. Marten (2018), “Statutory tax rates on dividends, interest and capital
gains: The debt equity bias at the personal level”, OECD Taxation Working Papers, No. 34,
OECD Publishing, Paris, doi.org/10.1787/1aa2....
Harding, M. and M. Marten (2018), “Statutory tax rates on dividends, interest and capital
gains: The debt equity bias at the personal level”, OECD Taxation Working Papers, No. 34,
OECD Publishing, Paris, doi.org/10.1787/1aa2....
Statutory tax rates on dividends, interest and capital gains
This paper presents statutory tax rates on several forms of capital income, including dividends, interest on bonds and bank accounts, and capital gains on shares and real property, including integrati...
doi.org
May 31, 2025 at 10:42 AM
Table 14 in the download
Harding, M. and M. Marten (2018), “Statutory tax rates on dividends, interest and capital
gains: The debt equity bias at the personal level”, OECD Taxation Working Papers, No. 34,
OECD Publishing, Paris, doi.org/10.1787/1aa2....
Harding, M. and M. Marten (2018), “Statutory tax rates on dividends, interest and capital
gains: The debt equity bias at the personal level”, OECD Taxation Working Papers, No. 34,
OECD Publishing, Paris, doi.org/10.1787/1aa2....
Look harder
May 31, 2025 at 10:39 AM
Look harder
The source is referenced.
May 31, 2025 at 10:35 AM
The source is referenced.
Did you bother going to the source? Maybe you should do that before your rant.
May 31, 2025 at 10:34 AM
Did you bother going to the source? Maybe you should do that before your rant.
Ha!
Even allowing for the “discount” Australian capital gains are taxed 13th highest in OECD at a rate 56% higher than average.
And you think it’s the “culprit” ?
Dilettante
Even allowing for the “discount” Australian capital gains are taxed 13th highest in OECD at a rate 56% higher than average.
And you think it’s the “culprit” ?
Dilettante
May 31, 2025 at 6:47 AM
Ha!
Even allowing for the “discount” Australian capital gains are taxed 13th highest in OECD at a rate 56% higher than average.
And you think it’s the “culprit” ?
Dilettante
Even allowing for the “discount” Australian capital gains are taxed 13th highest in OECD at a rate 56% higher than average.
And you think it’s the “culprit” ?
Dilettante
Remember when Labor tried to convince us that franking credit tax offsets were OK but franking credit refunds were so bad they had to be stopped ?
May 30, 2025 at 7:37 AM
Remember when Labor tried to convince us that franking credit tax offsets were OK but franking credit refunds were so bad they had to be stopped ?
Those who really understand refundable franking credits would never support Labor’s 2019 franking credit policy.
The simplistic and erroneous claim “ tax offsets are OK, refunds are not” is totally without merit.
The simplistic and erroneous claim “ tax offsets are OK, refunds are not” is totally without merit.
May 28, 2025 at 8:58 PM
Those who really understand refundable franking credits would never support Labor’s 2019 franking credit policy.
The simplistic and erroneous claim “ tax offsets are OK, refunds are not” is totally without merit.
The simplistic and erroneous claim “ tax offsets are OK, refunds are not” is totally without merit.
Surely you can’t expect people to support bad policy just because it doesn’t affect them?
Shouldn’t policy have merit to warrant support?
Shouldn’t policy have merit to warrant support?
May 28, 2025 at 8:45 PM
Surely you can’t expect people to support bad policy just because it doesn’t affect them?
Shouldn’t policy have merit to warrant support?
Shouldn’t policy have merit to warrant support?
Franking credits result in dividends being taxed at the receiving shareholder’s full, normal tax rate.
Even if the franking credits are refunded in cash or offset against other types of income.
How can you sustain your claim it’s a “perk”?
Can you back that up?
Even if the franking credits are refunded in cash or offset against other types of income.
How can you sustain your claim it’s a “perk”?
Can you back that up?
May 28, 2025 at 8:35 PM
Franking credits result in dividends being taxed at the receiving shareholder’s full, normal tax rate.
Even if the franking credits are refunded in cash or offset against other types of income.
How can you sustain your claim it’s a “perk”?
Can you back that up?
Even if the franking credits are refunded in cash or offset against other types of income.
How can you sustain your claim it’s a “perk”?
Can you back that up?