Capital Gains Taxes have been taxed once when the money that was invested was earned... why should it be taxed as income twice? Make Capital Gains taxes high and just kill off what little investment in America is left. I know “personally” what I am talking about. We already have the highest corporate tax rate in the world and it creates millions of new jobs... FOR CHINA AND THE REST OF THE WORLD!
LLS
BTW, you missed the point entirely. The people making the incomes taxed at those higher marginal rates DON'T GIVE A GOOD GOSH DARN about capital gains rates ~ they just don't want to pay a higher average tax rate than Mitt did!!!!
Just cut the rates ~ and don't be using Capital gains arguments to continue justifying a higher rate on personal earned income!
Best bet is to ELIMINATE the federal income tax!