Is Joe Hockey going to become the great reformer?

  1. 4,695 Posts.
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    Well if he does I want to get in early and congratulate him.

    Seems as if Joe is looking at two pieces of middle class welfare that spell doom for Australia.

    Tax concessions on super contributions and not counting the value of the family home for pension purposes.

    3o cents in the dollar rebate to get someone earning $180K plus a year to put money into super is a disgrace, the same as sitting in a million dollar house and drawing the pension. First $500,000 of value should be excluded after that its included in the asset test.

    If he does have the guts to take those on I'll nominate him for a knighthood.

    http://www.theage.com.au/federal-po...for-treasurer-joe-hockey-20150216-13f1cu.html
    Last edited by scittyandcross: 17/02/15
 
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