If you think Labor’s $3m super tax won’t hit you, think again
The self-managed superannuants of this country face a choice: finance the fund to support this campaign, or pay the tax today and as it expands tomorrow.
Labor has a mandate for its tax on unrealised capital gains, so its passage is now intertwined with the survival of this government itself. Only when Labor MPs know it will lead to their demise will they stop it.
On Saturday last week, the Albanese Labor government was comfortably re-elected. Despite warnings of minority status, they sailed home, but the Greens tail will still wag the dog of this government in the Senate.
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Tim Wilson is a former Liberal MP and author of 'The New Social Contract'.
