Comments by "Actual Facts" (@actualfacts1055) on "Government digging deeper into superannuation is 'pure communism'" video.

People will simply change the investments in the super fund and not pay more tax.
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@EL_Duderino68 You can choose how your money is invested in your super fund, if you choose international shares instead of Australian shares the dividends that they pay are much lower so you will pay less tax on the dividends but get higher capital gains which aren't taxed. I didn't get rich by not understanding investment.
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@lindabennett4842 Good points either way the Government will end up with less tax revenue but con some voters.
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They will simply change the investments in the super fund and not pay more tax.
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@colin7813 Labor wants everyone on the age pension so that they will vote for Labor.
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@EL_Duderino68 One kindergarten kid does in between watching cartoons and cat videos.
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How much more tax is Albanese going to pay on his huge parliamentary pension when he retires, a big fat ZERO the stinking lying arse hole.
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@EL_Duderino68 Good point, make everyone pay 30 percent tax on their super.
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@capeboycomesout-rc1ol Come on the one percent structure their investments inside super to pay no tax anyway.
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@EL_Duderino68 Probably deranged but I will find out if I can get paid for it.
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@EL_Duderino68 He's probably an older dumb arse Labor voter, yeah that must be it.
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@EL_Duderino68 Why should anyone get tax breaks, then again why should you be punished because of hard work and sacrifice.
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@syrasmine I am talking more about millionaires who started with nothing, but hey greedy corporations and billionaires started with nothing except an individual prepared to take a risk and worked hard to make it happen.
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@syrasmine If you go back far enough it started with an individual with nothing but the guts to to make it happen. Stockland started with an immigrant with nothing but worked hard to start up with a small shop in Fairfield. I made it on the average wage but a passion for the stock market.
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@EL_Duderino68 You do get the benefit of franked dividends from shares in your super fund, my super fund allows me to switch between Australian shares and international shares and cash etc any time that I like which I do to my advantage because I study financial markets. I made millions from property and the share market and moved what I could into super as rules changed but most of my wealth is still in Australian shares paying me more than enough to live on in retirement and I still buy and sell stocks making capital gains and also trading Forex for currency gains. You just keep working and watch your super grow and end up on a pension like most other people and show some respect to people not bludging on an old age pension saving tax payers a fortune, get a hobby instead of this crap, you have nothing to offer on this channel.
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@syrasmine Gerry Harvey who started Harvey Norman is still alive and chairman and started with nothing. Ruslan Kogan is still young and started Kogan from nothing, Mike Cannon Brooks started Atlassian from nothing. Irvin Graff started Stockland from nothing, Besos started Amazon from a small book shop, Elon Musk started Tesla from nothing, the list goes on and on. Big companies started out as small businesses competing with big bisnesses to become big businesses. Big companies don't own themselves, they are owned by shareholders taking a risk to buy their shares. Everyone has money in Superannuation funds which invest most of your money in shares in big companies. Without private enterprise we would be a poor third world country with a terrible standard of living. Hope that you have learnt something but as always shop around for the best deal which is really what capitalism is all about.
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@syrasmine That's cool maybe a Communist country might be more to your liking, oops they all gave up and turned to Capitalism.
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@avee8574 The trouble is that they get a pension instead of a lump sum, but Labor is only increasing tax on lump sums and not parliamentary pensions.
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@syrasmine Not full Communism but Labor leans towards it at every opportunity unless it makes politicians worse off.
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@EL_Duderino68 15 percent tax on income and realised capital gains and the benefit of franked dividends. Now I am retired and have a MANAGED super fund with investment options of Australian shares or International shares or cash among others that I can switch between whenever I like paying no fees which I do now and then as financial markets make it advantageous, big word, so does that clear things up a bit, who knows what super fund that you are in and I don't care. Oh and the first 1.7 million is tax free when you are retired.
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@EL_Duderino68 Good to see that you have given up then, try making your own comments from now on numbskull, this time do some proper research.
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@syrasmine We have to live within our means, if the world wants to engage in wars and reducing carbon dioxide and have lockdowns it all has to be paid for. Australia needs to maximise its export income to pay for everything that is imported into Australia which means more coal mines and gas projects which are two of our biggest exports. The Greens would turn Australia into a poor third world country by banning those things.
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@syrasmine Where does the money come from to pay for renewables imports ?
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@syrasmine We don't make anything, private enterprise does if they can make money out of it. Australia can't compete with China to make solar panels, you have a lot to learn about Capitalism.
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@syrasmine Everything that was privatised didn't make anything, is Labor going to buy it back again, the billions have already been spent on things that we would not have been able to afford otherwise. The Government is there to do what private enterprises can't do. I suggest that you research what the old Communist Soviet Union was like that tried to do everything themselves.
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@syrasmine I will keep buying shares in companies and you keep working and spending to make me money, welcome to Capitalism.
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@syrasmine No I am the boot owner, the shareholders own the companies.
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