Time to end 'millionaire welfare': Shorten

X Close au.news.yahoo.com

Bill Shorten's tax grab to affect the lowest incomes

X Close www.theaustralian.com.au

Labor leader Bill Shorten's tax plan would 'cripple millions of retirees and pensioners'

X Close www.dailytelegraph.com.au

Treasury considered dividend imputation policy reform before 2017 budget

X Close www.smh.com.au

ALP soaks wealthy in Robin Hood bid to win next election

X Close www.theaustralian.com.au

Labor's proposed tax reform only adds to complexity

X Close www.theaustralian.com.au

Low-income earners the major losers in Labor's tax plan, says Peter Costello

X Close www.theaustralian.com.au

How some of the wealthiest Australians pay 'negative' tax

X Close www.smh.com.au

An epic tax lurk has finally run its course

X Close thenewdaily.com.au

Labor's changes would hurt retirees: ASA

X Close www.news.com.au

Labor wants to scrap a policy which means some who pay no tax get $2.5 million refund

X Close www.abc.net.au Bill Shorten's tax grab to affect the lowest incomes
More than 610,000 Australians on the lowest annual incomes stand to lose an average of 1200 a year in tax refunds under Bill Shortens proposal to abolish cash rebates for tax credits on shares held by retirees, investors and ordinary taxpayers.
Bill Shorten's billion dollar tax grab to hit retirees hard ...
MORE than half of NSW retirees hit by Labor's billion dollar tax grab have a taxable income of less than ... Retirees hit by Bill Shorten's billion dollar tax grab only have taxable income ... Labor's tax plan will affect more than 1.1 million taxpayers and 201,570 self-managed super funds ...
Shorten scramble to fix tax grab
Bill Shorten is considering a ... The Australian understands that a financial sweetener will be considered for the 10 per cent of pensioners on the lowest annual incomes who may ... "Think about that — 50 per cent of the individuals that will be hurt by this tax grab are on incomes of ...
Labor share tax refund plan: Low-income Victorians to be hit ...
MORE than half of the 288,000 Victorians hit by Labors multibillion-dollar tax grab have a taxable income of less ... to make things more complex, you will affect lower income earners ... stand to lose $1,200 a year in tax refunds under Bill Shorten's propsoed abolition of cash ...
Labour slammed over 'tax grab' that'll hit pensioners, not ...
Bill Shorten says scrapping tax credit refunds will impact the wealthy, ... have blasted the proposal as a tax grab on pensioners and superannuation ... Or do you support the proposal to remove the credits in order to fund tax cuts for low-income workers? sign up today and get the latest in ...
Bill Shorten hits back at claims Labor's tax plan will affect ...
Opposition Leader Bill Shorten has hit back at claims that Labor's plan to axe cash refunds for some wealthy investors will affect pensioners, ... Despite Mr Shorten claiming the plan could be used to pay for low- and middle-income earners' tax cuts, ... in a mass tax grab ...
Bill Shorten promises pensioners will get money back from tax ...
Opposition Leader Bill Shorten has come under fire in ... claiming the "Labor cash grab" would hit over 3.5 million super accounts and affect more than one ... claiming the 10 per cent of pensioners on the lowest annual incomes would be compensated for any money lost due to the $59 ...
Bill Shorten is walking back his attack on pensioners ...
Labor leader Bill Shorten has promised to look after hundreds of thousands low-income pensioners whose income would be hit by his plan to claw back almost $6 billion a year in tax credits on dividend payments.
Labor leader Bill Shorten's tax plan would 'cripple millions ...
Labor leader Bill Shorten's tax plan would ... Treasurer Scott Morrison rejected Mr Shorten's suggestion the changes would only affect typically wealthier retirees and said it would "completely extinguish a vital income stream for low income earners". "This is a tax smack on more than ...
Low-income earners hardest hit by Shorten's tax changes
More than 500,000 Australians on the lowest annual income stand to lose $1,200 a year in tax refunds under Bill Shorten's proposed abolition of cash rebates for tax credits on shares held by retirees, investors and ordinary taxpayers. The Australian reports the largest group to be hit by the tax grab would be people earning less than $18,200 ...
Media Watch: Labor's tax storm (19/03/2018) - abc.net.au
Tax grab to hit lowest incomes — The Australian, 14 ... More than 610,000 Australians on the lowest annual incomes stand to lose an average of $1200 a year in tax refunds under Bill Shorten's proposal to abolish cash rebates for tax credits ... And it will affect those who are less well ...
Bill Shorten doubles down over franking credit cash rebates ...
Bill Shorten (left, ... branding the Labor proposal a "cash grab" that would hit a million people, ... "You can have a very large superannuation balance in Australia and be on a low taxable income because much of it is tax free," Bowen said.
Tax income cuts: Labor to oppose Coalition's tax package
Bill Shorten and Chris Bowen on income tax cuts 3:02. Bill Shorten and Chris ... The first stage of the Government plan would see eligibility for the Low and Middle Income Tax Offset — which effectively makes the first $20,000 in earnings tax free ... How radical shake-up affects your ...
Five Reasons Labor's Superannuation Changes Would Damage ...
And that more than 610,000 Australians on the lowest annual incomes could lose an average of $1200 a year in tax ... Benson, Simon and Kelly, Joe, "Bill Shorten's tax grab to affect the lowest incomes", The Australian, (14 March, 2018) 3 - Livingston, Angus and Jennings, Jennifer ...
LABOR TAX GRAB TO HIT LOWEST INCOMES ... - facebook.com
LABOR TAX GRAB TO HIT LOWEST INCOMES: ... annual incomes stand to lose an average of $1200 a year in tax refunds under Bill Shorten's proposal to abolish cash rebates for tax credits ... earners and risk upending two decades of bipartisan tax policy. This will affect millions of ...
Batman Labor voters vent fury over Shorten tax grab ...
Batman Labor voters vent fury over Shorten tax grab. ... lifelong Labor voters living in the Victorian seat of Batman have called Bill Shorten's radical tax plan ... Analysis of the new tax plan conducted by Treasury revealed that more than 610,000 Australians on the lowest annual incomes ...
Paul Keating backs Labor's plan to axe cash refunds for ...
Former PM says Bill Shorten's plan to end cash refunds for excess imputation credits restores his original tax ... It was instead "a brutal tax grab". ... arguing that the removal of refunds for dividend imputation credits would hit low-income retirees inside and outside the superannuation ...
Bill Shorten faces a backlash on tax plan - smh.com.au
Bill Shorten is facing a backlash from older Australians to his $59 billion revenue grab on dividend payments ... noting that many in retirement had low taxable incomes but substantial ... While many taxpayers with higher taxable incomes use the franking credits to reduce their tax bill, ...
Bill Shorten's tax plan to affect 10,000 Queensland ...
Bill Shorten's tax plan to affect 10,000 Queensland pensioners. Matthew Killoran, The ... Treasurer Scott Morrison is ramping up attacks on the "blatant tax grab", but Mr Shorten yesterday accused the Government of "using pensioners to protect the ... "You can pay no income tax, ...
Pensioners and self-funded retirees to suffer under Bill ...
Pensioners and self-funded retirees to suffer under Bill Shorten's retiree tax grab. ... Labor's "retiree tax" is a $59 billion raid on imputation credits and a direct attack on retirees, pensioners and low income earners. Under Labor, ...
SuperBenefit News | Self-Managed Super:- Administration ...
The news isn't any better for those single age pensioners around 65 YO ... Bill Shorten's tax grab to affect the lowest incomes - The Australian (Licensed by Copyright Agency) Bill Shorten's retirement planning move a bit rich - The Australian (Licensed by Copyright Agency)
Malcolm Turnbull Told Journalists To Ask Their Parents About ...
The prime minister labelled Labor's plan a "tax grab" that is "robbing pensioners". ... "Bill Shorten is coming for the savings, for the incomes, ... Labor's policy has launched a debate over what constitutes a "low income" and "high income" retiree according to Australia's tax system.
PDF Five Reasons Labor'S Superannuation Changes Would Damage ...
Bill Shorten described the current fully refundability of dividend credits as a form of "millionaire welfare ... "Bill Shorten's tax grab to affect the lowest incomes", The Australian, (14 March, 2018) 3 Livingston, Angus and Jennings, Jennifer, "Time to end 'millionaire welfare ...
Bill Shorten says Labor will abolish dividend imputation ...
BILL Shorten has hit back after he was accused of shamelessly ... Most of the refunds are paid to self-funded retirees with gross incomes of up to $87,000 a year but some low-income retirees who ... pensioners and self-funded retirees on lower incomes with what is a massive tax grab ...
Opinion: Labor leader Bill Shorten's Robin Hood policy ...
The Opposition Leader and his band of merry men are selling his tax grab on share dividend payments ... Labor leader Bill Shorten's Robin Hood policy ambitious ... Shorten under fire over new tax policy. The Labor leader denied that low-income pensioners would be worse off in the new ...
Bill Shorten's tax on everything | The Hon Kelly O'Dwyer MP
Bill Shorten's tax on everything. ... Medicare levy exemption for low income earners; Income tax exemption for NDIS ... The Opposition Leader is using dodgy analysis to justify a tax grab. Mr Shorten's tax hit list comes on top of Labor's campaign to permanently raise Australia's already ...
Bill Shorten to announce $11.4bn tax grab on shares
MORE than a million taxpayers, mostly retirees, many of whom get the aged pension, will see their income tax refunds cut ... Sky News has obtained a letter in which Opposition Leader Bill Shorten has pledged to ... But Labor concedes that refunds are also received by low-income retirees ...
Australian Senate delivers $106 billion in income tax cuts
The center-left opposition Labor Party supported the proposed initial tax relief for low and middle-income earners ... referring to the tax cuts. Opposition leader Bill Shorten this week vowed to repeal the tax ... Metro says federal deadline for chains between cars could affect rush-hour ...
Scott Morrison says Bill Shorten's Labor tax plan ripping ...
Treasurer Scott Morrison has ramped up his attack on Labor's latest tax plan, as Bill Shorten said it will have "minimal impact" on pensioners. ... whilst it will have a marginal affect on a few ... "This is just a naked grab of pensioners and other low income and retirees cash," Mr Morrison ...
Labor tax plan: Bill Shorten considering changes
Opposition leader Bill Shorten is considering a payment package for ... Mr Shorten came under fire from the treasurer this week, being accused of a tax grab to fund ... It's believed a financial sweetener will be considered for the 10 per cent of pensioners on the lowest annual incomes, ...