> Because SV wouldn't exist at all if the investment returns were taxed at a 50%-80% rate I suggest looking up how long term capital gains work, and what top t

> Because SV wouldn't exist at all if the investment returns were taxed at a 50%-80% rate I suggest looking up how long term capital gains work, and what top tax rates for cap gains have been in the past (hint: much higher than today—even under Reagan). No one has ever suggested taxing cap gains "at a 50%-80% rate".