Labor is planning a shocking raid on seniors’ savings, which will unfairly hurt the people who have built our great country.
What’s more, when people voiced their concerns about the unfair $55.7 billion tax hike on retirees, Labor’s response was simply “vote against us”.
Not only is this a horrible way to speak to long-serving members of the community, Labor’s tax hike will punish seniors for simply trying to save for their retirement.
More than 900,000 individuals and 200,000 self-managed super funds will be worse off under Labor’s tax grab. In particular, women older than 75 will be particularly hard hit – to the tune of about $1.1 billion every year.
Labor has always paid for its policies out of our pockets, now they want to take money out of our savings as well.
If you want to tell Labor what you think about their savings raid, all you have to do is vote against them.