Aged Pension, page-63

  1. 7,885 Posts.
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    "The fact remains Super is a tax "

    But a hell of a lot cheaper than PAYE. You can contribute $27,500 at 15% tax OR you can pay up to 45% on that $27,500 as PAYE PLUS another 10% as you spend that $27,500.

    That is one of the major reasons the coalition hates the super scheme and stalls every increase. The tax revenue from PAYE and GST is way down under super..




 
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