Long term (1 year plus) capital gains are taxed 20% at the highest federal level.
Short term (less than 1 year) capital gains are taxed at your current federal income tax rate.
If your personal income is less than $492,000 the capital gains tax rates are lower.
Since most businesses are sole proprietor or family owned, there is no stock.
Will they force individual and family owners to sell off chunks of their company to pay wealth taxes?
Capital gains are still income.
Just not wages.
And if you have a long term loss you can only deduct 3K per year after zeroing out short term gains. Had one huge one in the 80s. Took forever to whittle it down.