budget night capital gains, page-2

I cannot believe that in my life time any Federal labour government simplifying a Tax law.
Getting rid of the 50% CGT tax rule would make things too easy to work out.
I am not a labour critic, I just wholeheartly believe what Winston Churchill quoted" If you are not a marxist at the age of twenty, you have no heart, and if you are not a conservative by the age of forty you have no brains!"