The Greens are at it again, raiding your superannuation because it is your money, and they want it. With the balance of power in the Senate, the Greens are pushing to lower the threshold for the Albanese Labor Government’s already unconscionable superannuation tax on unrealised gains to $2 million.

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This isn’t just a policy tweak; it’s a systematic dismantling of your life’s savings. It’s ruthless, targeting those who’ve done nothing wrong but save for their retirement.

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Labor’s proposal is already a ticking time bomb, slapping a destructive 30% tax on unrealised gains. Yes, you read that right—taxing you on money you have not yet earned. It is like future income tax—earn later, tax now. Talk about robbing from the future to waste it today.

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Imagine being forced to sell your family farm or the business you’ve built from the ground up just to pay a tax bill on money you haven’t actually earned. And when you eventually do sell those assets? They’ll tax you again. Double taxation, but it’s the Greens, so who’s counting.

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As long as they can slap a fairness label on it and sell it in the vegan section.

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With the Greens’ demands, the hand reaches out even further. Green greed at its worst.

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Lowering the threshold to $2 million will drag most middle-class families in because it is not indexed.

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At Labor’s proposed threshold, a 25-year-old with a starting super balance of $35,000 will face heavy taxes by retirement. A 45-year-old with a super balance of $650,000 will hit the threshold by the time they retire.

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These aren’t the wealthy elite; these are aspiring Australians who’ve spent decades tightening their belts to build a nest egg for their golden years. The kind of people who’ve sacrificed the most to contribute, only to be forced back into work at the last minute by a government that sees their savings as a treasure chest to plunder.

And what about indexation? Forget it.

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By refusing to index the threshold, Labor is ensuring that more and more people will be caught in this tax trap as inflation erodes their savings. Today it’s hardworking retirees; tomorrow it’s you. This isn’t just bad policy; it’s fiscal madness, a failure to learn from history’s countless examples of punitive taxes gone wrong. Remember the window tax? It started as a levy on the aspirational, but soon everyone was bricking up their windows to avoid it. This is our window tax moment.

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The Greens might think they’re playing Robin Hood, but in reality, they’re more like Butch to Chalmers’ Sundance—robbing anyone who’s worked hard, saved wisely, and hoped for a secure retirement. They don’t respect you.

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Don’t let them rewrite the rules at your expense. Join the No Family Savings Tax campaign today and stop this reckless reform before it’s too late. Your retirement isn’t theirs to raid for more wasteful government spending—let’s keep it that way.

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