At face value, it may seem hard to argue against making people with superannuation balances above $3 million pay more tax.
After all, superannuation receives rather generous tax concessions on contributions and investment earnings.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
