20
Leading tax expert calls out ‘confected outrage’ of wealthy Australians over Labor’s $3m super plan
(www.theguardian.com)
this post was submitted on 08 Jun 2025
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The irony if the endless artickes in the AfR decrying how unfair it all is.
Running alongside articles about how terrible it is there hasn't been tax reform for 24 years
It's the same whenever the possibility of death taxes are raised, I am always bemused how the average person is outraged by this, as though a high tax on say >$10Million inheritance is some sort of outrage but inherited dynastic wealth that leads to vast inequality and political manipulation isn't. Let alone it was often made off the back of generous tax subsidies in the first place, like large super balances.