Abandon your policy on franking credits

Abandon your policy on franking credits

0 have signed. Let’s get to 100!
At 100 signatures, this petition is more likely to be featured in recommendations!

My wife and I have worked all our lives to be self funded retirees. We have been retired now for 16 years and are self funded. Had our farming business gone belly up and the bank sold us up, we both could have drawn a pension. In 16 years our pension drawings would have been more in total than $450,000. We have not cost Government $1 of pension in that time.

Being self employed there was no-one to pay our Super so we bought shares whenever possible. We bought shares that pay a good Dividend and Franking Credits.

Bill Shorten and the Labour party are planning, if elected, to rob us of our Franking Credits.

We ran our farm for 50 years paying all taxes that were assessed during that time. We made our decisions (some good and some not so good) and then we ran the risks and busted our guts working to make our decision pay.

Where is the incentive to provide for your own retirement? We could have made bad decisions and/or sat on our butt and ended up broke! Saying this is all too hard and too risky.

Now every person that votes Labour is saying to Bill Shorten “GOOD ON YOU BILL, ROB THE FRANKING CREDITS FROM THOSE OLD BLUDGERS WHO ARE NO LONGER MAKING ENOUGH MONEY TO PAY INCOME TAX”.

0 have signed. Let’s get to 100!
At 100 signatures, this petition is more likely to be featured in recommendations!