Letters to the editor

November 23 2018 - 1:00pm
Early morning visitor. Photo: Lynne Fairbrother.
Early morning visitor. Photo: Lynne Fairbrother.

CLOSE LOOPHOLES

J. HILTON (RCB, Oct 17) takes Labor Bowman candidate Tom Baster to task because he supports the removal of the cash component of the dividend imputation scheme. How shallow is this? In 2000 Treasurer Peter Costello made a change that turned dividend imputation into a scam. To realise the problem with Costello’s reforms, it’s helpful to understand who benefits most from dividend imputation.