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Giving to the next generation : Comments
By Mikayla Novak, published 27/12/2013The average value of inheritance expected to be left behind by retirees in this country, of about $US 502,000, is estimated at more than four times the average of other countries surveyed.
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As I look about me there are many who have enjoyed the freedom I never had to enjoy living. I paid for their living, their mistakes and their children too, and even for their gaol where they were stupid and mongrel enough to commit crimes as well.
Now I will be taxed on my superannuation payments and also for any more work I do. The bludgers around me and there are many, just as there were many who had jobs but blew their money on enjoyment, booze, gambling and holidays, or simply bad ideas, are now enjoying the fruits of my labors and the labors of my children as well. But I am still being taxed and heavily, and I get none of those guvvy services free!
Then along comes someone who wants me to agree to taxing my death - death taxes. Yeah, right!
What about I take myself and those well-educated children and their children to another country? We are encouraged to see ourselves as global citizens anyhow, so the political 'Progressives' say when they promote the 'diversity we have to have', according to them at least.
I will be interested to see how many of the migrants, especially from the Asian region will be putting up with the lazy and spendthrift Aussies, as Australian taxpayers have done up to the present. My Asian friends tell me that while they may provide limited support between blood relatives, charity does NOT extend out of the home to the community. That would be contrary to their culture. OK, that is reasonable too, but some here have a surprise in store for the future, maybe soon.