>I believe the given reason for a capital gains tax is to promote investment. Right. That's the regressive nature of it. Benefitting the investor class at the

>I believe the given reason for a capital gains tax is to promote investment. Right. That's the regressive nature of it. Benefitting the investor class at the expense of social programs. Let's reverse that for a second. I could do a whole hell of a lot of investing in myself with the extra 20 grand a year in my pocket that being taxed at a capital gains rate and not paying FICA would leave me with.