Well, that's a fair response, but it also is unconvincing - the op shouldn't have implied that you're malicious in wanting a tax on capital gains. Still, the qu

Well, that's a fair response, but it also is unconvincing - the op shouldn't have implied that you're malicious in wanting a tax on capital gains. Still, the question remains - does it have a chilling effect on investment? Since you seem to know about this I'm curious what your retort would be.