I’m an advocate for lower income and payroll taxes. As I said in my original response to you, income and payroll taxes taxes need to come down to be on par with capital gain tax. Or capital gain tax need to come up to be on par with income and payroll tax. Your response was “apples and oranges.”
As a youth growing up during the Cold War.. The (US) capitalist message was loud and clear plus inspiring, work hard you will be rewarded. For those who grew up during the Cold War we read news stories about how (Soviet) commie elite lived lavishly in Dachas off the backs of their hard working comrades.
Replace commie elite with investor class, same story.
Populists like yourself, fail to realize that your belief system is closely related to Marxism.
Those “Capital Gains” taxes are made on money that has already been taxed. The holder of those fees also pays regular income taxes on that income, at normal rates at the end of the year. The “Capital Gains” tax is an added tax, on top of all other taxes, obligated by the investor.
This stupidity will guarantee the markets to decline dangerously. After the markets crash, you will undoubtedly be overjoyed, but it is those markets that indicate Industrial and economic health. This economy cannot do well with out the market. Investor money is how they are supported and financed.
“Arise, ye prisoners of starvation....”