Category: Finance & Investment
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Super Tax on Unrealized Gains: Why It’s Needed Despite the Challenges
The super tax on unrealized gains has stirred much debate among Australians concerned about fairness in retirement savings and tax policy. This tax targets superannuation balances exceeding $3 million, taxing the increase in value of assets—even if those gains haven’t been cashed out. While the aim of making the tax system fairer is clear, taxing…