Jim Chalmers’ franking bill has received ‘sharp criticism’

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Sky News Business Editor Ross Greenwood says Treasurer Jim Chalmers has introduced legislation that will “strip back” the tax benefits where companies have buybacks of their own shares or issued new capital.

“This move has found sharp criticism – political

and from the investment industry,” Mr Greenwood said.

 

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The gall of Ross Greenwood . Business and their mega profits, are the cause of inflation. So that the rich can become richcher. .

The rich had a ball under Morrison ... !!!!! NOW IT IS OUR TURN UNDET ALBO

Great news The CEO won'be too happy about that . Stripping the profit of a company and driving them into the BANKRUPSY by the outageous salaries and perks ,CEO which they do not earn ,this is encouraging them to profit themselves instead of providing workers for this company.

Once a crook always a crook

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