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Liberals' super pledge to hit the poor hardest

Friday, February 8, 2013

WN.com - Politics News
Latest headlines from WN Network
Liberals' super pledge to hit the poor hardest
Feb 8th 2013, 11:33

MORE than 900,000 Victorians would face tax increases under a Tony Abbott-led government, thanks to his pledge to close off the low-income superannuation concession. Across Australia, 3.6 million people would lose the concession, which reduces to zero the normal 15 per cent rate applied to super contributions. The concession, which costs the budget about $1 billion annually,...
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