Another reason lower tax rate is justified for Super I feel is that it is compulsory and your money is locked away for a long time.
At its core, Superannuation goes against my capitalist ideals but I also understand the needs and benefits for it in that the majority of people can't save money.
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- Talk of a $5M Cap on Superannuation Balances.
Talk of a $5M Cap on Superannuation Balances., page-119
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