Australia's largest stock trading and investment forum Australia's #1 stock forum

Bandt the idiot wants to destroy your super, page-37

First 37 Last

Share
Profile

Follow
blueballs

19,717 Posts.

483

29/08/24

10:43

Post #: 75430944
Share

Originally posted by dkit ↑

Wrong bluey.

Super is a good system that the rwnj's in the liberals have been trying to knacker and kill off since its inception. This is especially so by howard where he couldn't shovel middle class welfare out of the barrel fast enough.

The original system of compulsory contributions into a low tax environment to build a retirement pool is good. It is used in a lot of countries. Our stupidity, thank you little johnny h, is that we then pull it out as a pension with NO further tax. In fact even less tax is paid in pension phase.

I am firmly of the belief that when I draw a super pension that it be treated as taxable income when I receive it. Because of the small tax on contribution and during accumulation there is an argument for some tax concession treatment. But to make it totally tax free? That is for another discussion.

Have a nice day dkit

Expand

Super has been one of the main drivers of wealth inequality in Australia… the tax breaks for the wealthy ici via super have been obscene
Upvote

Reply

Top Stories

Tuesday's HotCopper trends: Paradigm funding, Nanoveu drone gains | July 1

AII

Almonty Industries shares EXPLODE! Rheinmetall, Renk, and Hensoldt left in the shadows!

TRS

Don't cry that it's over: The Reject Shop shares to disappear on Wednesday

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

ENR

Encounter's Aileron recon success 'illustrates how much more still to be found'

First 37 Last

SPONSORED BY