This article is discussing a tax on earnings in super funds above $3m.
I think that people who are earning more than my annual salary just from growth in the value on their pile of cash should be charged tax on that growth.
They can afford it better than any of us, and I’m always amazed at people who think this is a bad thing.
None of the present changes apply to your examples.
Perhaps that’s the answer to my question: people criticise this tax because they worry it’ll affect them?
This article is discussing a tax on earnings in super funds above $3m.
I think that people who are earning more than my annual salary just from growth in the value on their pile of cash should be charged tax on that growth.
They can afford it better than any of us, and I’m always amazed at people who think this is a bad thing.
None of the present changes apply to your examples.
Perhaps that’s the answer to my question: people criticise this tax because they worry it’ll affect them?