Talking tax
I agree with Mr G. Kolomeitz of Gerroa that a civilisation may be judged on the extent to which it looks after its most vulnerable citizens. This judgement can enhanced if taxation laws apply equally to all citizens and sufficient tax revenue is collected to meet society’s responsibilities to the least fortunate.
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Franking credits were legislated so that tax on the same company profit would not be paid twice.
Where a taxpayer has excess franking credit then the taxpayer does not have a tax liability for some of their dividend income. This dividend income is tax free to the taxpayer. The company paying the dividend pays the resultant tax charge.
Refunding excess tax credits was a tax concession introduced by the Howard’s Government when the country was in the middle of a mining boom.
Refunding excess tax credits in non-boom times results in the government having insufficient tax revenue to fund hospitals, schools, roads and veterans’ pensions.
Ben Morris, Wollongong
Believing is not compulsory
The article by Mr Devlin (3/1/19) is so contradictory It begs belief. Whilst entitled to his beliefs and demands respect he does not practice these values when making derogatory comments about people who do not share his views.
As to using the writings of Flavious it is curious that this writer was born after the purported death of Jesus and wrote decades after the story of Jesus. The writings of Flavious do not prove anything about the existence of god.
Other cultures have written about their gods so does this prove their existence? Belief in gods is a human concept some believe and others don't. You can believe what you want however it is not compulsory. Free thought rules!
Paul Lelli, Windang
Will there be answers this time?
Will 2019 deliver answers to the many questions political and legal, which although, critically important to the delivery of good governance for our nation, failed to be answered during 2018?
For example, the real reasons why the Liberal Party ousted Malcolm Turnbull from his prime ministership?
Will Liberal senator Lucy Gichuhi deliver in 2019 on her much publicised promise to publicly name the Liberal Party “bully boys” who forced her to sign the petition to oust Turnbull?
Will Bill Shorten become Australia’s 31st prime minister during 2019 and, be revealed as being the Communist robot, controlled from Moscow depicted in the LNP’s almost hysterical “kill Bill” campaign?
Might Bill Shorten as a consequence of SCOMO being ousted before that time, by either Julie Bishop or Peter Dutton; then become Australia’s 32nd prime minister following the 2019 election?
Will the “powers that be “of the Australian legal system eventually provide the people of Australia a credible reason for George Pell having been given the protection from public scrutiny his closed court hearing on the allegations of child sex abuses has provided him?
Barry Swan, Balgownie
