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Buying shares in companies is the only way to access investments for a lot of people,

 you can invest in property for as little as $500 by buying shares in a realestate investment company, but you would need serveral hundred thousand dollars to own a property in your own name,

so again you are targeting people of lower means, who have no way of making some of these investments except via owning shares.

Also, some assets are so big, owning shares is the only way to access them, unless you are a billionaire, so again you are just limiting the places people of lower means can invest their funds, you can hardly tell a person with $10K to go and start their own Iron ore mine or supermarket company directly.

So what? I thought this was about people earning $150K in super but still using the tax free threshold.

Does it bother you that under this policy some one could still be earning $150K from their super, while still claiming the tax free threshold on Property investments, businesses, cash holdings, bonds and a million other possible investments, but you are only targeting people holding those assets under company structures?

The proposed legislation does nothing to stop people with other investments claiming their tax deduction.

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