Yeah, Outofyourmind, those capital gains are really coming in in this market. Up 200, down 300, etc., etc. And don't look at the Dow being 13K as anything great, as it's just a result of QE ad infinitum.
I imagine you're on-board with the taxation of dividends, too. Great way to take it to retired people who live off dividends. I guess that they can survive on the $20K a year for SS. Probably they could if they sell their house and pay the huge capital gains they incur for having owned it over 30 years (even though it's lost value the last 4 years).
If you tax capital gains as income, why would anyone invest and RISK losing money? You and Whyeric? are so stupid on a consistent basis it is appalling.