Wednesday, April 22, 2015

Yay, a policy, and it seems to make sense

Shorten's superannuation policy to hit accounts over $1.5 million

I can't imagine this policy not being popular with the electorate.  I just wonder whether it really goes far enough.

But I will have to wait until Judith Sloan breaks out the bold button until I can tell if it is a really good policy.  (If she hates it, it probably is.)

Update:  Hilarious, especially if the Coalition ends up doing something similar...

Update 2:  Yes!  Judith has bolded her objection to this outrageous attack on the cashed up retirees who manage to draw in more than $75,000 per year.  That's less than average weekly earnings, she tells us.  What she doesn't mention is that average receiver of average weekly earnings pay tax on it - about $16,000 worth.   

1 comment:

Not Trampis said...

yep $75 k a year without paying tax is quite wealthy when you are retired.