Hi elee, That's not entirely true.Inherited super beneficiaries...

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    Hi elee,
    That's not entirely true.

    Inherited super beneficiaries pay either 17% or 32% on inherited Super.

    IMO, that's the fine of the wedge to to taxing all inherited assets as per most countries in the OECD:

    https://en.wikipedia.org/wiki/List_of_countries_by_inheritance_tax_rates

    IMO a general inheritance tax at the average OECD rate would net Government
    at least $40 billion P/A and at present that would pay interest only on Comm Debt.

    It would, over time close the wealth gap a flyshit, IMO.

    Take for example the children /will beneficiaries of the multi-billionaires?

 
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