As if people with any desire to better themselves will allow labor trash set their agenda.
On wealth tax or death duties, where possible sell down prior to the death.
On Super utilise the tax free threshold outside super.
Have multiple funds, some in accumulation others in pension phase. Work with the age between 65-75 to spend big and then start a second income stream at age 75.
Use annuities.
It is expected that the predictable labor class war will end in higher taxes. The black economy will grow.
Again anyone with any self respect will make sure the ALP will not get hold of their funds.
But as usual the super rich and cushioned class will do OK. The middle class or workers will have to pay for this pending disaster.
The spirit of Whitlam lives.
