Tax perks on super for retirees ‘deserved’: treasurer
The treasurer says that retirees still deserve privileged treatment according to retirement, despite the calls for the revision of the tax system.
Jim Chalmers said that after the negotiations held at the three -day productivity round table meeting in Canberra, justice for young generations should be considered as part of any change in taxes.
At the summit, tax reform calls will inform the upcoming federal budgets, he said that there is no plan to change privileged tax measures for their super balances for retirees.
“They still deserve privileged treatment to encourage people to be in retirement, and this is not something we propose to change,” Dr Chalmers said on Sunday.
“As Australians collectively, we must make it not only the descriptive part of our past, but to be the descriptive part of our future.”
Prior to the summit, calls were made to take into account the changes in the capital gain tax and the changes in the negative gears and the revision of the GST.
Treasurer said that the inter -generation of justice would be at the center of any change, and that there will be no rush in the implementation of the reform.
Besi The best way to solve any additional steps is to do this under the ordinary consultancy of the government and that is what we do, ”he said.
“At the end of the round table, we did not rewrite our policies in these areas. In a broader way, equality between generations was a motivation for most of the things we already do in tax.”
The Treasurer also confirmed that tax changes on super balances over $ 3 million would not be brought to parliament in the upcoming two weeks, but finally brought.
“I suggested what a very modest change is, but a significant change that makes the system a little more sustainable, D said Dr. Chalmers said.
“It doesn’t start to be calculated until the second half of next year, and therefore we have time to re -present it.”
Although a way for electric vehicle drivers at the economic summit, a way for the user fee, those who have treasurer gasoline cars will not be taxed twice for precautions.
Shadow Treasurer Ted O’Brien admitted that the coalition had taken the tax position in front of the May federal elections, when the opposition opposed broad tax cuts.
However, the government said it would not be surprised if a series of additional taxes bring.
“If you just keep spending, you should get the money from somewhere, Sky Sky News said.
“When you cannot control your expenses, you will only increase the debt and increase taxes. This is quite clear.”
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