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Taxable income means nothing in this tax war: experts

Labor says claims that abolishing cash refunds for shareholders will hurt low-income retirees are misleading because some of those people may have wealth tied up in superannuation – and experts agree.

Taxable income means nothing in this tax war: experts
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"Taxable income does not indicate a person's means," Chartered Accountants Australia and New Zealand tax leader Michael Croker said.

Read the full article on the Australian Financial Review.

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