Archive for February 6th, 2013
Superannuation for the rich?
Posted by John, February 6th, 2013 - under Age pension, Pensioners, Superannuation, Tax, Tax expenditures, Tax the rich.
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A universal benefits scheme such as the age pension for all people over 65 and steeply progressive income tax rates and wealth and wealth transfer taxes are traditional left wing approaches to make the rich support the poor and less well off in society. It is time to tax the rich and that means getting rid of their tax rorts like superannuation tax concessions.