‘Hysterical’ criticism of Labor’s super tax plan could thwart needed reform, experts say

The criticism of Labor's proposed tax changes on superannuation systems risks undermining needed reforms to make the system more equitable and sustainable. Experts support some aspects, like simplifying the system or improving equity, but warn against unintended consequences such as targeting wealthier individuals or forcing farmers to sell assets to pay extra taxes. The plan could raise $2bn in revenue but is controversial due to its potential impact on different groups and its imperfect design.