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UniversalTrader

19,709 Posts.

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05/02/23

19:14

Post #: 66081673
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Originally posted by Andrewst10: ↑

So people who receive up to and beyond $100K in Dividends per year, plus tangible franking credits - should also receive a pension?

Those who benefited from the super laws that allowed them to put up to ?$2 million? in assets into their Super should get the pension?

The premise of the superannuation guarantee was based on two things; wage restraint when inflation was rampant, and reducing the future dependency on Super. And now it should be changed?

Governments have provided incentives for high income earners to pump up their super, and many/mosy have taken advantage. Pensions are for those who deservedly need them.

All of these capitalists love their socialism when it suits.

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Why not they are already contributing significantly more tax to the system than a low income or the serial unemployed do
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