Australia

The accounting newsletter my uni made me sign up to had an article criticizing this from the SMSF association.

Their key complaint is "unrealized capital gains" which is ... real estate basically. You can tax shares and they can just sell a few, "unrealized capital gains" only makes sense if you're using your super fund to evade income tax as a property investor. These elites, even the obscure accounting newsletter elites, know full-well what they're doing.

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.