Labor’s Super Tax Is a Sham – And Politicians Are Laughing

Only 1% of Politicians Hit. The Rest? Exempt.

Labor’s Division 296 super tax targets balances over $3 million, doubling the tax rate from 15% to 30%. But here’s the catch: just 1% of former politicians and public servants are affected—the rest, including Anthony Albanese, can delay paying until they retire.

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Taxing Unrealised Gains? It’s Un-Australian

You’ll now pay tax on gains you haven’t even realised—from shares, farms, and property. It’s a radical shift that punishes those trying to build wealth. No sale? No income? Still taxed. That’s not reform—it’s a raid.

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The $3M Cap Isn’t Indexed—You’re Next

Today, it affects 80,000 Aussies. Without indexation, 1.2 million will be caught within 30 years. This isn’t a tax on the wealthy—it’s a tax on success.

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This Tax Hurts You—Not Them

Defined benefit pensions remain protected. The political class keeps their perks while self-funded retirees get squeezed. It’s not about fairness—it’s about control.

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