No sir.
Econ 101:lower taxes and you take in MORE $ over time.
Only if you believe that the Laffer Curve is in any way accurate, and many economists believe that it is not.
But even if you believe that the Laffer Curve is in fact accurate, the point on the curve where lowering taxes ceases to bring in additional revenue was passed long ago.
Therefore your statement is inaccurate.
You get more of what you reward and less of what you punish.
Taxes are punishment on productivity.
Eliminate the capital gains tax and the economy will take of.
You believe that some deserve a bigger piece of the pie.
I want to make the pie BIGGER.
And the last time the Capital Gains tax was lowered below the low level it is currently at was in the 1920's, when it was 12%.
This caused massive bubbles to occur, as people borrowed more and more money to invest in the stock market.
Eventually, the great crash of 1929 occurred, followed soon afterwards by the Great Depression.
This is in fact very similar to what just happened with the housing bubble and resulting crash.
Coincidence? I think not.
In addition, reducing the Capital Gains tax across the board does nothing to encourage investment in the United States economy when the Corporations people are investing in simply ship the jobs they create overseas.
Unless there are TARGETED capital gains cuts, as opposed to general cuts, then the only economy you'll be stimulating is that of India, or Singapore, and you'll be reducing revenue dramatically at the same time.