The problem is the Democrats simply find so called “experts” to testify that raising the capital gains tax does not reduce business investment. It then becomes a “he says…she says”.
If the people elect Democrats, they will always find a justification for raising taxes on the upper income earners no matter how convincing the Wall Street Journal article is.
I am afraid the future prosperity of the country hinges on Mitt Romney’s ability to convince the voters that leaving money in the hands of the people will produce better outcomes for them than government confiscating it and using it buy them stuff. He is not doing a very good job so far!