Australia Newz

Poor = $3m super, $2m home?

Poor = $3m super, $2m home?



2018-03-14T06:20:00+0000

A retired couple living in a $2m house, with $3.2m in super, are classified as ‘‘low income’’. Read Adam Creighton's latest piece on Australia's tax system.

If all the tax raised from Labor’s plan to make imputation credits non-refundable were going towards cutting the company tax rate, or cutting the marginal income tax rates for ordinary workers, I’d be fully on board.



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