No, capital gain income is still considered income for income tax purposes. Only certain types of capital gain are eligible for the special capital gains rates

No, capital gain income is still considered income for income tax purposes. Only certain types of capital gain are eligible for the special capital gains rates, and only long-term capital gain is eligible for the lowest rates (i.e., 15%). For example, collectibles are taxed at a 28% rate, recapture income is taxed at a 25% rate, and short-term income is subject to the graduated ordinary-income tax scheme.