This is fine but also DOUBLE THE CAPITAL GAINS TAX. Either that or tax capital gains and dividends as regular income (no special lower rate). The special treatment of capital gains is, like much in the tax code, a crony special interest benefit to a narrow class of real estate and private equity investors.

Yes, it seems very unfair that those with the most pay the least. Goes to show you if you have enough money you can sway politicians to change the tax laws in your favor. This is been going on since the 60s when they really started pushing to ease the taxes on the rich and has progressed from then until now.

Yes, I support the concept of ‘wealth’ taxes generally and the escalating tax rates on large inheritances. The income gap between our wealthiest and the rest of us has grown substantially under trump and this is simply not conducive to a sustainable growing economy. I do feel that this particular tax needs to be part of a broader plan that generally supports all of our people and enables the ‘least’ of us to have the opportunity for financial success as part of our country’s unique ’American Dream’. This will require monitoring to ensure unlawful wealth transfers are not employed such as trump’s father paying trump hugely unrealistic property maintenance fees as a way of transferring wealth without being taxed. I also generally support other poster’s suggestions that Capital gains tax rates be increased, but with one caveat; that these taxes turn-on after some cumulative annual disbursement so to not unduly harm retiree’s who are living off of their 401K lifetime contributions. I like many others are or will be, am faced with legally mandated withdrawals from an IRA which exceed my current needs and are taxed as income when withdrawn. These represent contingency funds to help recover from unanticipated medical expenses, home repair costs or other emergencies. Since my need is not immediate, I have chosen to put the excess funds into risk-adverse mutual funds which I hope will have returns in excess of the minuscule interest on savings accounts. I can guarantee that no-one would consider me wealthy; I tell my kids the only thing they are guaranteed to inherit will be my debt. However, I would not like to be unduly punished for trying to be responsible. I think small businesses such as family run farms could also unduly suffer without some realistic caps on capital gains taxes even though I feel these taxes should be increased for our wealthiest who can and do hide income inside of their investments.