this post was submitted on 31 Jul 2025
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I know its just a start but its good to see tha Australian government introducing new taxation on retirement savings over $300 million.
In America we'd call that a War on Retirement, smear the politicians with ads, and ensure all the poor red states vote against it because it's a attack on freedom.
We're aguing over whether to make it $200m and indexed to inflation. Either way it better get up or many of us will be furious.
edit: is? us.