Nothing like the language of the narrative being dispersed to make the changes seem legitimate. "Lost revenue" is commuspeak for "New tax." My super ain't near $3M, but my investment strategy does rely on a lump sum to pay off debt at retirement. I am sure many others have taken debt on to run businesses, provide housing for others (investment properties), etc, all with the assurance that super was indeed sacrosanct. But again, voters have been deceived. This is as dastardly as telling people no rate rises until 2024. We are being served bs by our "leaders" daily. Watch out, they are coming for your success from hard work and prudent choices.
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- Goodbye Super
Goodbye Super, page-180
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