theguardian.com
The super tax debate is divorced from reality – and more proof that Australia’s tax system is built for the rich | Greg Jericho
The proposal will affect only 0.5% of people with superannuation and yet you would think the government is about to seize the means of production
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The unhinged criticisms to changes in superannuation make more sense when you realise that Australia’s entire tax debate is geared to ensure rich, wealthy people and companies get richer and wealthier.
The government’s proposal to reduce the tax concessions on earnings on super balances above $3m has been the ultimate case in point. Continue reading...