Thanks for that advice. I can assure you I am looking into that. May well be forced to do that. Not so keen on about 10% of my future yearly income going to support a union fund and the labor party when I've been self employed all my life.
I guess that highlights the reprehensible and almost felonious nature of this tax change.
Two tax payers earning exactly the same income, from the same source, both retired, alike financially in every way will pay different amounts of tax depending if their assets are held by a political party (labor) donating super fund.
One will face a 30% tax from the first dollar earned, the other no tax. It is something that I thought Venezuela or Zimbabwe would do, not democratic Australia.
That is the bit the supporters of this tax change will not discuss, the proposed variable treatment of Australian taxpayers. Maybe be you can legitimately argue for the change or or not, but not the appalling different treatment of individual taxpayers.
