Speculation has erupted that a death tax of up to 27 per cent will be included in the budget by Jim Chalmers.
Which means the money that you worked hard for, has already been taxed and sitting in your bank account will be taxed again in the event of your death.
And not just a small tax. A 27 per cent tax on the inheritance you pass onto your children. This week, Yahoo Finance! confirmed claims that there’s a 27 per cent death tax on the agenda.
This comes on top of Albanese considering a “spare bedroom” tax.
Where he will tax you for every spare bedroom you have, in order to sure up housing for the record 3,500 people a day he is currently importing into this country.
