How about capital gain tax rates are graduated? e.g. the first 100K is at 10%, next 100K at 15% & then 20% (you pick the numbers). Now the little old lady from pasadena doesn’t have her rainy day fund taxed at high rate & capital is still encouraged (don’t tell me that mittens life would be injured or capital would flee if rate changed from 15% to 20%). I’d really like someone to explain to me how wonderful it is to have mittens next incremental dollar in cayman offshore swiss bank account capital gains is helping the betterment of society better than the next incremental dollar of someone working for minimum wage. Until the bottom can get out of poverty, living wage & viability they should pay little tax - even employment. This could be indexed to unemployment rate. High unemployment -> little employment taxes -> lower cost of labor -> reduced unemployment while low unemployment -> higher employment taxes -> etc. It’s got to be better to employ more people up to some frictional rate. ()