Nobody says there are only a few people involved. The policy clearly states some 1.2 million taxpayers affected.
90% of all cash refunds go to SMSF’s.
50% of the value of all refunds go to the wealthiest top 10%.
Can’t imagine too many poor people running SMSFs.
Pensioners are now unaffected too.
Less than 8% affected.
Some people will lose,yes. But the rort must be stopped at all costs.
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