@roverdownunder.bsky.social
Reposted
Australia has the second lowest age pension in the OECD, and the 5th highest level of retirees living in poverty.
And all the while we give the richest 10% $20bn in tax breaks for their superannuation.
My column.
www.theguardian.com/business/gro...
And all the while we give the richest 10% $20bn in tax breaks for their superannuation.
My column.
www.theguardian.com/business/gro...
Misleading fear campaigns may kill Labor’s superannuation changes. But here are the real numbers | Greg Jericho
Increasing the tax rate on superannuation balances above $3m would affect less than 1% of the population – and yet it is still unlikely to pass
www.theguardian.com
January 22, 2025 at 8:39 PM
Australia has the second lowest age pension in the OECD, and the 5th highest level of retirees living in poverty.
And all the while we give the richest 10% $20bn in tax breaks for their superannuation.
My column.
www.theguardian.com/business/gro...
And all the while we give the richest 10% $20bn in tax breaks for their superannuation.
My column.
www.theguardian.com/business/gro...
Aus Govts (& voters) seem determined to create as unbalanced, inequitable & exploitative society as possible where we punish the poor for Govt mistakes (Robodebt) & give billions away in tax concessions to the well off, all the while telling us plebs they deserve it as "wealth creators". ##auspol
Misleading fear campaigns may kill Labor’s superannuation changes. But here are the real numbers | Greg Jericho
Increasing the tax rate on superannuation balances above $3m would affect less than 1% of the population – and yet it is still unlikely to pass
www.theguardian.com
January 22, 2025 at 11:11 PM
Aus Govts (& voters) seem determined to create as unbalanced, inequitable & exploitative society as possible where we punish the poor for Govt mistakes (Robodebt) & give billions away in tax concessions to the well off, all the while telling us plebs they deserve it as "wealth creators". ##auspol