Thread - Nostr Hypermedia

Taxes on unrealised gains is a very dangerous precedent. It would be worth your while letting your local MPs and senators know your views on this proposal

Superannuation changes for $3 million-plus accounts could be a form of double taxation, experts say

Replies (3)

OT 1 year ago

You'd think with a wealthy boomer population this would not go down well.

Daz B daz@NostrVerified.com 1 year ago

I think they’re relying on the fact that majority of people (at the swing voting margin) don’t have more than $3m so won’t oppose.

1 replies ↓

OT 1 year ago

Likely They wouldn't be thinking too far ahead as the next round of printing could send most properties above that value.