I agree with your thinking but it just occurred to me that I have never seen anyone show the math (if it is even available information) as to what the total ben

I agree with your thinking but it just occurred to me that I have never seen anyone show the math (if it is even available information) as to what the total benefit is to capital gains being taxed at 1/2 the rate vs the total downside is to capital losses being written off at only 1/2 the rate. The other thing about capital gains is that they aren’t adjusted for inflation, so someone could hold an asset for two decades and sell it for a big nominal gain and pay taxes but have the same or less purchasing power with the outcome.