I think this is telling me
There were 1mil people earning $43,200 or less benefiting from franking credits ... so ~100k people above this income tier
The bottom graphic I think says
$1,400,000,000 was allocated to the green tier or 1mil people = $1400 / person
Then 600,000,000 to the top tiers or 100k people = $6000/person
So that’s almost 4x more benefit to the top tier who are 10% of the larger population.
But i don’t completely understand the top graphic ... “each band is 10%” I don’t understand this ... I think this means the number of people isn’t 1mil and 100k ... but a multiple??
If you read the wording more carefully... the red band is 50% but I’m not sure if that means anything not a shade of green? Or just purely red. Bit confusion as I can’t see a 50:50 split in either graphic. So this could mean 1mil people get 50% and 100k get 50% of total franking credits which makes it worse
1000,000,000/1mil = $1000/person
1000,000,000/100k = $10000/person or 10x benefit to the top tier
So either way it’s misleading, doesn’t factor in that a large chunk of those lower wage earners are likely in industry funds which would be exempt ... and also doesn’t account for the benefits Labour would redirect their savings towards ie lower wage earners, pensioners, etc etc.