I think capital gains should be taxed at a lower rate because of inflation. Let's say I buy something (anything, really) and hold onto it for ten years. In th

I think capital gains should be taxed at a lower rate because of inflation. Let's say I buy something (anything, really) and hold onto it for ten years. In that time the CPI goes up 20%. If I sell that thing I bought for 20% more than I paid I really haven't gained anything - the spending power I have after ten years is the spending power I had in the beginning.