I told you yesterday that this policy would affect more than just the 'wealthy.' I quoted you numerous times, but did not receive any replies.
This might be a good opportunity to admit you don't actually understand this issue, which I guess you have partially conceded by stating "doesn't even make sense." It doesn't make sense to you because you don't understand it.
I gave numerous suggestions for this policy so that it does stop the $2.5m cheques being written out to non-taxable SMSF's, but at this point it still seems that Labor is intent on selling this as only really affecting the 'wealthy,' which is a bald faced lie.