Markets are never a safe bet, you are never guaranteed a income like a 9-5 job to be paying such high taxes, you go in knowing there is plenty of risk attached, easy money can be made but just as easy you can be wiped out, the tax we pay to invest/trade shares in Australia is a joke imo
Capital Gains on shares should be set at 20% maximum imo, the risk we take to give half back on tax is ludicrous.
Things should change, but they wont governments are to greedy unfortunately.
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- this is why cg tax should be 20pcent max
this is why cg tax should be 20pcent max
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