generation spend 60 minutes, page-5

  1. 640 Posts.
    It's not just the current generation.

    Eliminating tax on super payouts over 60 has handed the Boomer generation, who also hold the vast majority of the wealth, an undeserved boost at the expense of working families.

    A 60 yo couple, with all the tax free income and all the other handouts, is far better off than a young couple trying to pay for a house, educate, clothe and feed their family and make ends meet.

    The taxation system in Australia is very discriminatory.

    It needs a complete overhaul.
 
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