Tony Abbott rules out super tax forever

Prime Minister Tony Abbott has made a surprise commitment never to tackle one of the governmentās most expensive and inequitable tax concessions.
Mr Abbott said on Wednesday: āThere will be no changes to super, no adverse changes to super in this term of parliament and we have no plans to make adverse changes to super in the future.ā
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While the PMās language was ambiguous ā use of the word āadverseā being open to interpretation āĀ Fairfax reported a source had confirmed the Coalition will not take super tax changes to the next election.
If this is correct, it means Tony Abbott has pre-empted the outcome of the Tax Review currently underway.
Super tax concessions cost the government $30 billion a year, and overwhelmingly favour the very rich. For this reason the policyĀ is a prime target for tax reform, and is almost certain to figure prominently in the reviewās final recommendations.
On top of this, polls suggest voters want a super tax system that is fairer.
By ruling out changes before the tax review has even had time to investigate the process, Tony Abbott may be placing himself in an awkward situation.
TheĀ New DailyĀ contacted both the Treasurerās officeĀ and the Prime Ministerās office for confirmation. The Treasurerās office declined to comment, and the PMās officeĀ did not respond.
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