[tivert]

> Apparently nobody understands that the super rich make their income from long term capital gains treatment on stocks and this won't touch the wealth of the top 1% meaningfully anyway.

Then why not create a higher-rate long term capital gains tax-bracket for those people, when you're also increasing the income tax rate for them?

[infinite8s]

Yes exactly, we need a progressive capital gains tax as well as a progressive income tax.