Motion:

That we should abolish Franking Credits.

#Politics #Government

Charles Fedor
 Charles Fedor
 5 months 1 week ago

This motion created by Charles Fedor

Charles Fedor

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This debate is located in Canberra ACT, Australia

This debate is located in Canberra ACT, Australia

Motion

That we should abolish Franking Credits.

#Politics #Government

Charles Fedor
 Charles Fedor
 5 months 1 week ago

This motion created by Charles Fedor

Charles Fedor

This user hasn't uploaded an avatar yet.

Results

0%. 
100%. 
50/50.  
No votes yet. Be the first to vote...

0 votes for / 1 vote against

The Debate

Australia is one of the only countries in the world to have tax deductible shares. This issue received widespread media attention in the 2018 Australian Federal election in which Labor attempted to remove franking credits, citing its' cost to the Treasury in addition to it preferencing relatively wealthy retirees.  In defence of the system, Liberals argued that the abolition would hurt self funded retirees and create a welfare dependency. Though the Liberals were returned to government, Franking Credits remain a hot button issue for both young people, and those who have retired. 

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