Mitt Romney proposes no capital gains taxes for people making less than $200,000/year. This is a GREAT idea because it benefits people like me.
Based on this somewhat old chart, I am pretty sure I have more capital gains than the average person making between 100K and 200K. The very best tax cuts are those that benefit me more than they benefit other people. This increases my relative status, which is much more important than how much total income I get to keep. If, for example, everyone got a 5% tax cut, prices for everything would just go up by approximately that much and I’d receive no relative benefit.
We also see that 77% of capital gains taxes are paid by people making more than $200,000, so this tax break won’t cause too much of a loss of government revenue. This tax proposal would be even better if it raised capital gains taxes on the very wealthy back to the 28% that it was under Reagan's tax reform.
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I should also add that regular people (those making less then $200,000/year) are less able to divert their income into capital gains because they can't afford to hire the best tax lawyers and they are less able to negotiate with their employer to divert their income into forms that are taxed as capital gains because they just aren't bigshots.