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Albanese in decline, is it time Labor made a switch?, page-181

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moondoong

49,273 Posts.

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24/04/24

10:46

Post #: 73492745
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Originally posted by kellbys ↑

Anyone who has $3 Million in Super should not complain about paying more tax.

Super was set up by Labor for workers to assist them with their retirements, not as a tax dodge for the rich.

Hence why Labor are now amending legislation to stop the rich dodging tax by funnelling massive amounts of money into low tax Super schemes! That was never the intention of Super. It was the LNP that changed the tax rules on Super under Howard/Costello to help their rich mates dodge tax.

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It won't stay at 3 million.

It will go lower and lower these greedy dogs won't stop.
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