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You are missing the point entirely. This type of tax is patently unfair and dangerous. It's not about who will pay. It's about the type...
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Why set a new type of tax that sets a dangerous precedent and does nothing to address the huge cost of superannuation tax concessions...
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Hopefully removed, because it is the most evil and dangerous tax ever contemplated, and it will do major harm to the economy. It was...
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People who have $3 million aren't worried. They are moving their investments. And in doing so, they will hurt the economy and make all...
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Lack of indexation is a flaw, but it's not the major problem.The major problem is the whole concept of taxing unrealised gains - gains...
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And what about farmers who hold their family farm in a super fund? Businesses who have their business in a super fund? And your...
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Then try feeling sorry for the farmers and businesses sent bankrupt, the renters whose rent skyrockets, the people who lose their jobs...
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You are letting envy cloud your judgement, or else you don't understand what unrealised means. It doesn't matter how asset-rich someone...
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Sorry, but it's not relevant how may people have $3 m+. What is relevant is that this type of tax is insidious and very unfair and it...
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I wouldn't pay for the wedding. I would discourage it. But I certainly would not suggest they live together either. Commitment is as...
