one gets tired if so much misinformation being bantered around.
you need to re read the tax laws
https://www.ato.gov.au/General/Capital-gains-tax/Working-out-your-capital-gain-or-loss/
eg
Normal income $35,000
Capital gain held for >12mths. $20,000
Discounted gain is then $10,000
Taxable income (obviously this doesn’t include all other aspects such as deductions, pensions, etc etc ) = $45,000
You pay tax on $45,000
Sooooooo ... Your tax is not halved
Your capital gains taxable income is halved ..
You just gotta read and interpret
2021 BRN Discussion, page-8906
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