There are longterm capital gains tax increases as well.
That increase would be relatively minor. Dividends would be taxed as ordinary income, while the top capital gains tax rate would rise from 15% to 20%. Interestingly enough, a large gap between income and capital gains tax rates would result in a climate that encouraged highly speculative investments that offered no income up front but some prospects for long-term growth. This was exactly the scenario that led to the dot-com boom of the late 1990s.