The rich usually are escaping capital gains tax. There are a very large number of ways to avoid realising capital gains. A good example of this is John Malone..

The rich usually are escaping capital gains tax. There are a very large number of ways to avoid realising capital gains. A good example of this is John Malone...he has spent about two decades continuously trading assets up to $8bn, I would be surprised if he has ever actually paid capital gains.