I guess in effect we have a "CGT allowance" of ~$6000 USD/year, but if you make more than 6000 USD in taxable income from _any_ source, you cannot use it. It's

I guess in effect we have a "CGT allowance" of ~$6000 USD/year, but if you make more than 6000 USD in taxable income from _any_ source, you cannot use it. It's a deduction that is used for all income sources. If we do have shareholder lobby groups, they certainly do not have any impact on policy. Capital gains tax increases one percentage point to 31% next year, up from 27% five years ago. In addition, there is the 0.85% wealth tax on net assets above ~180,000 USD. There is no deduction for long term capital gains.