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Richest super balances to be taxed at higher rates after Greens agree to back Labor plan
(www.theguardian.com)
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It's not punishment for being wealthy, it's giving back to the community that helps you live in luxury. The taxes won't send them broke, or make a big dent in their savings.
And I agree with the fines. Should be a minimum plus a percentage of your last financial year's income.
It is punishment. The wealthy already “give back” far more than the rest of the population in terms of tax.
It’s just pure jealousy.