Capital gains tax is lower to offset the risk of taking a capital risk, which labor does not do in receiving a wage. Much of “labor” participates in capital ri

Capital gains tax is lower to offset the risk of taking a capital risk, which labor does not do in receiving a wage. Much of “labor” participates in capital risk through retirement accounts and homes, blurring this 19th century distinction. The “capitalists” are likely to sidestep taxation through politicians, lawyers and accountants (See the often quoted 1960s era “tax rate”) which is a phenomenon of power, that exists pre-capitalism.