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 Imbecilic OZschwitz Assistant Treasurer: "No one has a right to tax concession. It is a gift government should only provide when it makes sense"

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RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

Imbecilic OZschwitz Assistant Treasurer: "No one has a right to tax concession. It is a gift government should only provide when it makes sense" Vide
PostSubject: Imbecilic OZschwitz Assistant Treasurer: "No one has a right to tax concession. It is a gift government should only provide when it makes sense"   Imbecilic OZschwitz Assistant Treasurer: "No one has a right to tax concession. It is a gift government should only provide when it makes sense" Icon_minitimeThu Mar 10, 2016 1:27 am

The federal government accepts that superannuation is not intended to be a support for the accumulation of wealth that can be passed down to generations.

Imbecilic OZschwitz Assistant Treasurer: "No one has a right to tax concession. It is a gift government should only provide when it makes sense" 1457511572670

An admission that opens the door to a future crackdown on super tax breaks for the wealthy, even if these are now off the table ahead of the May budget.

"No one has a right to a super tax concession. It is a gift that the government should only provide when it makes sense," Assistant Treasurer Kelly O'Dwyer said on Wednesday.

Read more: http://www.smh.com.au/business/banking-and-finance/kelly-odwyer-says-super-isnt-for-wealth-accumulation-or-bequests-20160309-gneg3m.html#ixzz42Tkby1zW
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Imbecilic OZschwitz Assistant Treasurer: "No one has a right to tax concession. It is a gift government should only provide when it makes sense"

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