A tax break on investment to create jobs for the People is Only legitimate social reason for the capital gains distinction.
Capital gains is a tax that reaches many people beyond business. For instance, you bought a home 30 years ago for 80K, today it's worth 140K. You made a capital gains of 60K.
As far as a tax break intended for investments, yes, it has been done by George Bush. By allowing more write-offs for business purchases really helped with that economy he had at the time. My employer purchased a whole new fleet of trucks. Our customers were investing in new equipment for their operations. That tax cut put a lot of people back to work.
While I understand the benefits of the tax break, doesn't the tax break of that type constitute social spending that is not being spent on promoting the general welfare but merely bottom line issues of Persons of Capital.
There is nothing wrong with taking less from people and businesses. After all, how is our money better managed, by government or by individual?
I'll give you a hint: Our US government is 18 trillion in the hole, and Donald Trump is worth 3 billion dollars. Hillary? Forget about it. She's hasn't drove a car in over 20 years.
If you let people keep more of what they earned, they are likely to do better things with that money than government. Look what fracking did for our economy. It lowered the prices of gasoline and natural gas to the point it was sizable amounts for some families. They used that extra money for other things and that helps the economy greatly.
The number of earthquakes in fracking zones has increased. If people/insurance companies/state and federal have to spend money repairing damages from fracking, the country is not actually saving money. That does not include the "fire" hazards.
Trump has filed bankruptcy 4 times--do not make him out to be a financial wizard. He was born rich so he is not exactly a self-made man. I cannot believe people actually take that idiot seriously. That shows the level of voter mentality and why voting should not be mandatory.
Trump relates to people. He talks about politics the way many do in forums like this one, at work during lunch, at the bar, or even family gatherings. He doesn't back down or away from anybody and people like that.
Trump is teaching other PC politicians how to act. If somebody is offended (like Kelly) tough ship. Do you want to apologize to the Mexican government for what you said? Hell no, and I'll say it again if they didn't get the message the first time.
We like that in a person that is running to be the leader of our country.
As for filing bankruptcy several times, so what? He's still managed to become very wealthy in spite of that. He was born rich, again, so what? I've seen many people born into money that lost all of it in a short period of time, particularly those who had very successful businesses handed down to them. You can read countless lottery winner stories about the same. You have to be pretty smart to manage that kind of money yet alone make it grow into a fortune.
While you may question the voter mentality because of Trump, have you ever done that with Obama? The Democrats had nearly a dozen candidates to choose from, and they chose the one with the least experience. The guy never even ran a hotdog stand in his life. His leadership skills (particularly foreign relations) has been disastrous, but what do you expect when you put a community organizer in charge of the greatest country on earth?