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Taxation funded superannuation

 

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With governments moving away from providing age pensions and encouraging indivuduals to invest in superannuation to fund their retirement, the simple question is why doesn't government do this for us so that everyone has a decent superanuation payout and are not needing to 'gamble' with their futures? Taxes could be structured to include a fair amount from different income structures and invested by the government in the same way our superannuation schemes do, except they would be not for profit and therefore more money to the investors, as well as no unfair risk to any one section of society of their fund failing and being left without a decent financial future. It removes much of the risk and inequality, as well as the burden on the individual to know how much to invest etc.

 


Topic Summary:
Topic raised by: wiseguy
Status: Open
Created on: 24/05/2008
Last update: 20/09/2008
Hits: 352
Total votes: 2
Views: 1
Reasons: 1
Most popular view:

It should be funded via taxation and replace the pension scheme
100% of voters support this view

Most popular vote:

It should be funded via taxation and replace the pension scheme because Pensions were paid by taxation, why not superannuation?
100% of voters support this vote

Newest comment:

It should be funded via taxation and replace the pension scheme because Pensions were paid by taxation, why not superannuation?
100% of voters support this vote
2 votes | last update 24/05/2008 00:37:23 AM

Newest vote:

It should be funded via taxation and replace the pension scheme because Pensions were paid by taxation, why not superannuation?
100% of voters support this vote
2 votes | last update 20/09/2008 19:01:36 PM


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Most Popular View
100.00%

   It should be funded via taxation and replace the pension scheme

    Submit new view    2 votes | last update 20/09/2008 7:01:36 PM 
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100.00%  Pensions were paid by taxation, why not superannua... 2 votes
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