This is the best discussion thread I've read in such a long time, many great arguments presented. Thanks. Does anybody know of a list of the biggest tax rorts in Aus, just to get a perspective on where/if super is significant? Seems like it might be suffering from 'low hanging fruit' syndrome, while gas/ore exporters etc avoid Aus tax regimes. I don't want to corrupt/distract this thread, so if someone could link to a new thread (or existing one) I would appreciate it. My view: The wealthy are becoming increasingly more powerful as the chasm between rich : poor widens. This cycle feeds on itself, and hinders or destroys incentives for the 'little guys' to get opportunities to enter the economy. If it is evident that super is supporting this, then all for changing it, particularly for the extravagant deals pollies have for themselves, with their inside trading knowledge they hold and long term damage they inflict on the economy with their short term win incentives. Destroy opportunity (for the little guys) and destroy incentives - well, not a place I want to live in. Exorbitant super accounts (say > 5 mill) are another part of this dislocation.
