Super of ordinary people safe: Emerson Labor has no plans to lift taxes on the superannuation of ordinary Australians, but the super savings of the "fabulously wealthy" should be debated, Trade Minister Craig Emerson says. The federal government has been accused of engaging in class warfare over retirement savings, with the opposition warning Labor is planning a "sneak attack" on super funds in the May budget. Dr Emerson says Labor isn't considering any super changes that would affect small business owners or ordinary Australians struggling to make ends meet. "People who are fabulously wealthy gaining effectively an advantage by putting their money into superannuation and being taxed at 15 per cent, where the everyday Australian may be facing a tax of 30 per cent, I think does enliven a debate," he told Sky News on Sunday. We are not seeking to impose new taxes on the superannuation accounts of ordinary Australians. But there is a legitimate debate about the very top end. The government is understood to be considering lifting the 15 per cent tax rate on superannuation earnings for those with high balances, but has yet to settle on a level at which it will kick in. Labor had legislated to increase the compulsory superannuation guarantee from nine per cent to 12 per cent, a proposal shadow treasurer Joe Hockey has vowed to keep. Dr Emerson attacked the coalition over its policy to reinstate the 15 per cent tax on superannuation for the low-paid. He said the coalition was engaging in class warfare by planning to slap an extra tax on the 3.6 million Australians earning up to $37,000 per year. "Students, young people, casuals, part-timers, mostly women," he said. Opposition small business spokesman, Bruce Billson, says people are worried about their retirement savings amid reports the government will raid them to shore up its budget position. "Nothing seems to be out of reach in this dash for cash from this government and superannuation looks like the most succulent nest egg they can have a crack at," he told Network Ten's Meet the Press program. He did not give details but said the coalition's position remained clear that there would be no unannounced adverse changes to superannuation. We will be absolutely straight ... this whole system needs to be settled down and given a chance to find its feet again. Mr Billson said there was no clear proposition at this stage before the parliament on what Labor might do to superannuation or if it would hike tax for the super rich or target self-funded super.