Anyone on a good income is likely to pay more in tax than they get back in superannuation but your not proposing that we lower the retirement age are you? How do you establish that people 65 and over on a good income deserve to get a hand-out from the NZ taxpayer as well as their wages, investment, rental income etc.
No wait let me answer that "because they have been paying taxes all their lives"... whatever, we have been over this already.
Bookmarks