Possible new tax law

[harm_less]

Yes I did mention aged care in the post that this discussion is related to. What else did you construe aged care to mean if not rest home care?

I was referring to the fact you mentioned Super - super is not means or asset tested as you appeared to imply.  Potentially if you work out tax wrong you may have a tax bill to pay at the end of the year but that is different from suggesting a means or asset test.

Did you find the reference to the 5 Mil?  Or too hard to Google again?

Implication being just another way of saying reading only what you want to into content. If one's tax status denies you retaining a portion of a benefit, in this discussion superannuation, then the additional tax payable on that benefit can be regarded as reclamation of that benefit in part which indicates in essence that you're not eligible to receive the full amount. And that's not about working out your tax wrong so much as a disadvantage caused by unwise allocation of your asset base. An excessive tax burden is just the long term result.

And the $5 million you implied to be Parker's taxable income whereas it was only the sum allocated to pay for the study he is undertaking on this matter. Didn't need to Google it as it could be gleaned from the posts in this thread.