We already have indexation on the general Transfer Balance Cap with the current limit of $1.9m moving up to $2m from 1 July 2025. It seems like a far more streamlined approach to align the 15% tax increase to this number. Heck, even add another 15% tax for those who have more than double the TBC to discourage massive balances and - here's the really bold bit - all proceeds from that final bit must only go to paying down Australia's debt. Pause any taxation on unrealised gains for now and just get the basic system in place.

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