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  1. I

    Govt sets $100,000 a year super threshold

    Why should I have a problem with it?
  2. I

    Govt sets $100,000 a year super threshold

    C'mon. You know that people don't actually research things. They just parrot whatever their chosen brand of media manipulator spouts.
  3. I

    Govt sets $100,000 a year super threshold

    That was a mistake in the first instance. Just blatant popularism without any consideration with impacts over time.
  4. I

    Govt sets $100,000 a year super threshold

    But that's the point. It's indexed against inflation. Just like cars. Cars aren't worth 40k in 1970 money. They are now worth 40k in 2013 money. So, that 100k now will become 280k in the future, as an example. The slippery slope argument trotted out is complete nonsense. It's 15%. it's a...
  5. I

    Govt sets $100,000 a year super threshold

    No. Value is cuddling up with someone you love on the couch. Being happy with your life and doing what you enjoy. What you are talking about are material assets. They are nice. But not what gives pife value or meaning.
  6. I

    Govt sets $100,000 a year super threshold

    So they don't have much value then?
  7. I

    Govt sets $100,000 a year super threshold

    http://www.economist.com/news/finance-and-economics/21568741-hedge-funds-have-had-another-lousy-year-cap-disappointing-decade-going Yep. They must be going through them like flies at the moment. Maybe they should give a nurse a shot at it.
  8. I

    Govt sets $100,000 a year super threshold

    I still haven't worked out if he is the best troll around, or genuinely frightening.
  9. I

    Govt sets $100,000 a year super threshold

    So a hedge fund manager who loses money legally is fine, one who siphons money off illegally (to be sent in say the Cayman Islands, contributing to their economy) is bad?
  10. I

    Govt sets $100,000 a year super threshold

    By your argument a major drug importer is also a valued member of society, as he creates a lot of employment, particularly for the traditionally poor, creates more business for other industries (repair, medicine, cheap sporting shoes) and improves the economy in general through providing his mid...
  11. I

    Govt sets $100,000 a year super threshold

    I would say that an emergency nurse or paramedic has far more value to society to a hedge fund manager. But then value doesn't just mean bank account to me.
  12. I

    Govt sets $100,000 a year super threshold

    That is the biggest load of nonsense. I'm not going to sit around thinking that "well, better not have a large super fund. I'll be taxed at well under half the rate I was when I was working and earning 6 figures". It's like saying, well I could earn 300k a year, but I'll pay more tax so...
  13. I

    Govt sets $100,000 a year super threshold

    So a professional poker player is more valuable to society than an aged care nurse?
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