Answer this. Should capital gains tax be less then income tax?
Remember the house you sell for a profit could have went down in value. The stock could have crashed. The business you didn't build could have went under. So when these people make money remember they could have lost money.
So should capital gains be raised? Maybe a smart move would be to target just the CEO's taking stock options instead of pay, for companies whose stock is already worth a lot of money. IMO start ups are different. You people realize sometimes a software engineer, etc will work for next to nothing hoping the stock option he is paid in become worth millions. But it doesn't always work out.
So many varibles to different investments and dollars that come through capital gains. it will take a sharp knife making minute adjustments to it, or you risk really screwing some Americans who didn't deserve it.
The CEO's you liberals are pissed at make up a very small % of people who pay capital gains. Even guys who may go a few yrs with little income working on a big project. Then when payoff comes they make millions. Still though they deserve a lower rate. That **** is risky.
The landscape littered with investors who lost it all. it's a joke that people think capital gains should go up. 15% is plenty high.