Labor’s 2025 plan to double super taxes for wealthy Australians is a policy “pulled out of some drawer” from a “treasury bureaucrat”, says Sky News host James Morrow.
“Because they were taking so much heat about Jim Chalmers’ summer essay where he talked about reinventing capitalism,” Mr Morrow said.
“Where he went to the superannuation industry and gave this whole speech about – hey, wouldn’t it be great if you guys could take some of your members’ money and put it in non-commercial things like climate transition stuff and affordable housing.” His comments follow Defence Minister Richard Marles’ vague response when questioned on the Today show about his knowledge of the government’s recently announced superannuation policy.
“So, everybody was getting really freaked about this stuff so to quiet the debate they come up with this policy,” Mr Morrow said. “The fact that Richard Marles didn’t know what was the deal with this taxation, how they’d wind up taxing an asset that hasn’t been sold yet – that’s because nobody knows, Labor doesn’t know.”
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