So how does this work.
Everytime some incompetant government can't balance the budget are they going to rob the superannuation savings.
Clearly the envy fraternity can't see the injustice because they are not affected and might even benefit by this robbin hood style government.
If the Government had any balls at all it would stop the two biggest tax frauds in Australia. Negative gearing on rental houses to permit anyone, rich or poor to become a tax dogder, and apply a capital gains tax on house resales. I hear your screams. These are accepyable because most people are doing it.
So lets just hit up a few superannuation holders. We can easily walk over them but maybe not.
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