American Horse
AKA "Mustang"
You seem to think there is only one type of investor. You completely discount the wealthy elderly who are sensitive to risk. They are in stocks (real estate, rentals, investments in risk ventures; even corporate bonds) because sovereign bond yields are so low, and those investors are all up and down the scale. Some simple arithmetic applied to the 4,7 billion annual increases yield by raising cap gains from 15 to 30% will illustrate that. Get a clue; they (or some large proportion of them) may just decide to preserve wealth rather than risk it, I'm one of those people.Listen to how stupid you sound, "people will stop wanting to make money if instead of making 1million dollars they instead my 900,000 dollars". Furthermore the rich can either invest money or spend money either way the money circulated in the economy; and in fact more spending would result in less speculation, and bubbles of which caused the last two recessionsI think that's kinda the point. Why should they be different? There's no logical reason to tax labor and ingenuity more than luck.
Those who have earnings from investment don't have to invest. If they don't invest there will be less new jobs for those who need them for earning a living. People who have built up wealth don't have to put it at risk (luck of the marketplace) so to encourage risk taking they should be taxed less on those type earnings.
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