My maths
Labor says that the top 10% in value of smsf's receive 50% of the ato refunds?, if that is the case why screw the 90% that imo would rely on the current system and planned their income relying on the current smsf system.
Then we have the high income earners who will not be touched,ie you pay 45% income tax you can still claim the 30% fc deduction?But if yr smsf earns $50k to $100k you will lose the benefit.
So who is this policy really screwing.
Should i go on with the labor and liberal policy of bulk billing for anyone whether wealthy or poor.
Middle class welfare etc
