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Replying to Avatar Jake Woodhouse

Lots of interesting chatter here in Australia about this

Some interesting points:

- this tax only effects under 1% of super funds

- this tax is not in place for judges and other “important state workers”

- the median super is under 100k aud

Point being, it’s been very easy to persuade both sides of the aisle as it only effects a tiny percentage of the population

Just watch it creep into the wider super industry though

Plus of course, the rich, the most productive, they will just leave if it’s really bad, much like my birthplace the Uk

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Shawn 7mo ago

Yep. And isn’t this always the way it goes?

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