'No one believes you': Minister faces accusations trust changes are 'death tax' in disguise
Minister Tanya Plibersek has faced accusations that proposed changes to testamentary discretionary trusts could be a disguised 'death tax'. She has denied these claims but acknowledged that the Labor government aims to prevent families from manipulating their finances to reduce tax liabilities. The controversy highlights ongoing debates about tax reform and its implications for families.
- ▪Tanya Plibersek has denied that changes to testamentary discretionary trusts are a 'death tax'.
- ▪Labor wants to stop families from shifting their money around to minimize tax.
- ▪The proposed changes have sparked significant public debate about tax reform.
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