Indeed. We have a top capital gains rate of 23.8%, a top dividend tax rate of 28.6%, and a top earned income tax rate of 40.6%. I can't think of any good reas

Indeed. We have a top capital gains rate of 23.8%, a top dividend tax rate of 28.6%, and a top earned income tax rate of 40.6%. I can't think of any good reason capital gains should be taxed at a lower rate than earned income. If you want a wealth tax, without the overhead of having to value all of your property every year, repeatedly forcing sales of illiquid assets, the easiest way to do it is the estate tax, which you only have to pay once in your life. This has also been gutted, and now a married couple has to have an estate of over $22 million to be subject to it at all. We really don't need any new types of taxes, we just need to put fair rates on the ones we already have.