Discover and read the best of Twitter Threads about #frankingcredit

Most recents (1)

How good are Franking Credits?... A thread 1/7
Go for that tax give away if you can get it.
Gather up every last cent in #Frankingcredits where possible...
And then redistribute it.
Be the govt we don't have.
#auspol
2/7 The #frankingcredit handout that goes mostly to shareholders with $2 M or more is set to continue indefinitely.
Over the next 10 yrs we'll need to find $58B for fund tax refunds to ppl who pay no tax.
And the election has simply made more ppl aware of this free money.
#auspol
3/7 There have now been calls to broaden or increase the GST to fund this unsustainable give away.
The media have forecast cuts to govt services to raise revenue.
No matter which way you look at it, the poor will be paying long & hard, for this #frankingcredit 'gift'.
#auspol
Read 7 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!