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Starting in 2025, 🇦🇺 Australia will begin taxing unrealized gains in employee pension-fund accounts with balances over A$3 million ($2 million).

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Disgusting

Great news. One step closer to a complete totalitarian government. One step closer to a revolt.

That's insane. literally punishing people because they stored their wealth for the future. it gets taxed when they go to use it!