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I learn to deal with change in positive way every day so I am sure I will adopt and learn even though I dislike it. I do like your picture as it made me laugh....you are funny!:)

I am sorry for doing this, but didn't we have about 9 changes to Super just in the last few years within the current federal government???:confused: However, I agree with your point about keeping our emotions out, I stand guilty there.:)

I do pay taxes and I don't mind paying taxes if they are manged properly so let's stick to the subject..... However, here are few of my favorite quotes - I hope most will enjoy!: Kerry Packer “I pay the tax I am required to pay, not a penny more, not a penny less. If anybody in this country...

Aaron, I wish I listened to my husband who told me this since 1995, he always said it was another form of tax. How right he was. We live and learn.... I think the moment I can draw out tax free I would but I have many years to go. Hubby on the other hand has 7 years so let's live and see... I...

And now you have communicated to me that it is just another form of tax but not an investment vehicle at all, right? If it's not people's money why would I use my knowledge, creativity, risk, time, and so on to invest into this scheme and then be further restricted and changed over time to...

That's just one scenario which can be taken further... What if your fund returns 0% growth or negative growth in that year? Well you have just lost the $25,000, which is unlikely but possible, right? Or if you paid company tax you would pay 30% tax but have access to earnings and decisions where...

I am not talking only from the earnings point of view. Perhaps I did not communicate properly. I am talking about the decisions I had to make through my entire working life. If I am self employed I have a choice on where I allocate my earnings, do I contribute maximum contribution to Super or...

Gee, I presume you must be quite young, as I believe that one day I hope to grow old too... I also believe that the old can no longer work and contribute but didn't they contribute throughout their working life????? I may be off the statistics here but if around 85% old pensioners are on...

So in your opinion, taxing 15% on contributions (money coming in), taxing 15% on earnings (money earned within SMSF) and now taxing 15% on withdrawals (even in pension phase after $100K threshold) seems fair? That would imply 45% tax? IMO, why would I bother putting money into Super, being...