Essay: Should the Australian Capital Gains Tax system have a 50% discount available to taxpayers? Discuss this with reference to the criteria for evaluating tax policy: • Economic efficiency • Sim

Essay:
Should the Australian Capital Gains Tax system have a 50% discount available to taxpayers?
Discuss this with reference to the criteria for evaluating tax policy:
• Economic efficiency
• Simplicity
• Equity/fairness
You should feel free to discuss any other relevant matters.
Requirements:
1. Approximate 1500 Words
2. Australian Guide to Legal Citation (AGLC) style of referencing must be followed

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