This is the politics of envy on stilts.
Forget arguments from the left about "equity" etc. It is patently unfair as it creates several classes of taxpayer. The main victims according to modelling from a number of finance writers will be widows and widowers.
The policy has its genesis in Chris Bowens dismissal of his enquirer on radio. Labor believes that those enterprising enough to receive credits aren't Labor voters anyway so it is a tax grab of low hanging fruit.
Labor cannot be trusted with your money. They just want to redistribute it to learners who will vote for them.
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