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Robert Breunig

Stop super tinkering, start asking how to tax all savings fairly

The deceptively simply solution is a flat, low-rate tax and small concession for superannuation contributions.

The new tax expenditure and insight statement and Labor’s proposal to put higher taxes on superannuation funds with more than $3 million of assets is sending people into a tizz.

It is also leading people to ask a lot of questions. This is good, but it is important to focus on the right questions.

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Robert Breunig is director of the Tax and Transfer Policy Institute at the Australian National University.

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    Original URL: https://www.afr.com/policy/tax-and-super/stop-super-tinkering-start-asking-how-to-tax-all-savings-fairly-20230301-p5cogi