There is a bit of envy going on it always people cheering when the rich are targeted to loose some money but in fact it is just envy and feeding the geese when the actual tax take will go down.
It will affect me so I am pi$$ed off but only the people with small holdings or small SMSF balances will really feel the loss of money the higher balances like mine we will just restructure our affairs job done I spoke to my accountants and broker and they both said they have already accounted for the possibility of this happening and no problem just a few dollars and some restructuring.
