Financial Standard Comments - Self-education cap to harm senior workers The proposed $2,000 a year cap on tax deductions for professional self-education could put professionals over 50 years old in a situation of disadvantage, National Seniors Australia said. https://www.financialstandard.com.au/feed/latest?story=33324302 Thu, 11 Jul 2013 13:47:23 +1000 Thu, 11 Jul 2013 13:47:23 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by R B (.)

Which politician drafted up this proposal?

Whoever it was they probably did it while they sat in business class flying to some exotic destination to view "how other countries deal with the issue of trees dropping their leaves in autumn".

The difference they'll say between their rights and those looking for professional education is that they are not professionals...!

I agree on that front.

Reply to article

For original story, Click Here.

]]> R B (.) Thu, 11 Jul 2013 13:47:23 +1000 Comment by Malcolm King (Republic) Early retirement has no detrimental effect on the economy at all as long as the retiree has enough savings (another issue to do with financial literacy) but capping tax deductions on self education might.

Reply to article

For original story, Click Here.

]]> Malcolm King (Republic) Sun, 14 Jul 2013 09:41:59 +1000