OK. Essentially, I disagreed with “it will be the long term death of super”
And then in your follow up “no problem with removal of govt subsidies”. I didn’t mention that either. There is no removal of subsidies, merely a tax on profits above $3m.
Do you not feel that $3m in super is insufficient?
I do agree that the $3m figure should be indexed, perhaps every 5 years.
You do realise that it is an increase in tax on money put into super, not to halve their pension.
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