boomer, I reckon you're being unnecessarily negative on the...

  1. 5,647 Posts.
    lightbulb Created with Sketch. 5
    boomer, I reckon you're being unnecessarily negative on the range of possibilities. I'm not going to pretend to offer a definitive answer to X and Y, that would beyond my scope and likely yours. Treasury does costings and the whizzkids can avail themselves of those resources.

    With respect, in the end we just differ in outlook. To me the principle of a rebate only system matters as it offers the integrity by which the taxpaying public know that imputation prevents double taxation but not non-payment of company tax. Its best practice.

    For you, there is no principle in that respect but the goal is the end result. I wouldn't complain with the result but in the long run it is messier and it doesn't answer the integrity question. Why can company tax not be paid by an investor but we on PAYE (or GST or expenditure cuts) have to pay relatively more to  make up the shortfall in lost company tax.

    Whats a few more pins matter? 
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.