It’s a new 30% income tax on UNREALISED GAINS in your family’s superannuation savings.
This means you’ll be taxed on money you haven’t even received!
To cover the Family Savings Tax on unrealised gains, you might be forced to sell your investments. And guess what? You’ll be taxed again on those realised gains!
This is DOUBLE TAXATION, and it will devastate the life savings of countless Australians.