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20 Nov 09 On the Henry review

MEMBER 37 writes:

"There is no doubt that Messrs Henry and Swan are trying to soften us up. I thought the basic premise was to simplify our taxes. Now, how do they propose the higher taxing of super will work in practice? I see another layer of complexity.

Re not lodging of tax returns. My salaried daughter will be pleased. Currently she has no deductions. A $500 claim is a nice little windfall!!

This whole process is starting to look like a joke. A few of us accountants in the suburbs laid bets on the complete fiasco that it will end up being. Looks like another camel."

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