Bill Shorten lies about super

[Bobby]

The election starts and the lies have already started.

https://www.theguardian.com/australia-n ... cuts-claim


On Tuesday Shorten was asked if he could “rule out new or increased taxes on superannuation”.

He replied that Labor has “no plans to increase taxes on superannuation”, apparently taking the question to refer to any further changes after the plan to raise $34bn.

“We have no plans to introduce any new taxes on superannuation,” Shorten told reporters in Adelaide. Asked to rule it out, he replied: “Sure.”






Scott Morrison has seized on Bill Shorten’s claim he will not introduce new taxes on superannuation, claiming he “must have forgotten” Labor’s plan for changes that will bring in $34bn in revenue.

The hiccup in the Shorten campaign on Tuesday distracted from Labor’s claim the Coalition will have to cut $40bn a year from social spending to pay for its tax cut package.

Labor’s campaign centres on its promise to increase social spending and deliver more sustainable budget surpluses, due to revenue measures such as its plan to raise $34bn from superannuation.

[Neferti]

Bullshit Billy is getting bamboozled with the thought that he could soon be living in The Lodge, and is beginning to forget what he said yesterday or the day before. What a dickhead.

[Bobby]

Bullshit Billy is getting bamboozled with the thought that he could soon be living in The Lodge, and is beginning to forget what he said yesterday or the day before. What a dickhead.

It's only the first week and already Bill
is lying about his own policy.

The fact is that Labor will steal our super.

[cods]

hes rushed off to W.A. to get away from Syd Press........hilarious...

bobby us righties have always known about Bill and his lying

we havent forgotten his Royal episode.... dont you see how he doesnt actually answer a question

when he says WE HAVE NO PLANS......what he doesnt say is TODAY....

for someone who thinks he understands politicians you sure miss the detail.....

I thought franking credits were all about super.......NOT SO!

[Redneck]

How much extra tax on super will you pay Booby?

My guess is nil!

[cods]

How much extra tax on super will you pay Booby?

My guess is nil!

its what they take out at the end you find that out..

[Redneck]

How much extra tax on super will you pay Booby?

My guess is nil!

its what they take out at the end you find that out..

The four Labor policies on super include a reduction in the threshold for the High Income Super Contribution tax, which means workers earning more than $200,000 a year would pay twice the rate of the standard 15 per cent tax on contributions.

The contributions tax is usually deducted upon processing the super contribution on payment to a large super funds.

[Bobby]

How much extra tax on super will you pay Booby?

My guess is nil!

I don't like how you contribute under one set
of rules and later on those rules are
changed to your detriment.

The raising of the pension age to 70 is one example.

[Neferti]

The raising of the pension age to 70 is one example.

I don't think that has happened, yet, has it? Labor raised it to 67 when they were in power.

Pension Age - 65 years
To be eligible for the age pension you must be 65 years or older. The qualifying age will gradually increase by six months every two years, to 67 years by 1 July 2023.

[Redneck]

How much extra tax on super will you pay Booby?

My guess is nil!

I don't like how you contribute under one set
of rules and later on those rules are
changed to your detriment.

The raising of the pension age to 70 is one example.

Sometimes governments have to take hard decisions on these overly generous tax concessions that in the long term are unsustainable.

Why should we allow the very wealthy to build up massive (in some cases million dollar) superannuation balances at tax payers expense.

Spend it on Health and Education is my preference.