Comment on 'We've reached a breaking point': Is it time to tax older Australians more?
prex@aussie.zone 6 days ago
Does anyone have a link to the tax on super over $300m legislation? I seem to remember it getting altered a fair bit before it got up but I can’t (be bothered to) find it.
More taxing of capital/assets please.
FreedomAdvocate@lemmy.net.au 6 days ago
$300mil? I think you mean $3mil?
prex@aussie.zone 6 days ago
Yeah. There was something that they lost from the original too.
Plus they added a change with inflation.
FreedomAdvocate@lemmy.net.au 5 days ago
They wanted to tax unrealised gains, and their plans weren’t indexed so every year the lower classes would get closer and closer to being affected. Thank god it didn’t go through. Taxing unrealised gains is one of the dumbest things anyone has ever suggested.