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2011-10-06

Commenting 'Death and taxes'

I suspect there is some contradiction in your argument somewhere.
If on the one hand, no tax on superannuation after 60 benefits the oldies, it should arguably reduce the burden on the social pension system and hence the burden for the young.
Further, if the non tax of superannuation can encourage people to put aside more of their own money into superannuation, that can work as alternative to increasing superannuation guarantee!
You seem to be as greedy as the government to only see the potential revenue from taxes, but to have forgot the beneficial side of no tax on superannuation after 60!
One needs to be consistent after all!

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