Would you rather see the capital gains rate go to 25% or...?

[HooptieWagon]

14. Dividends and short term capital gains should be taxed same as wages.

Long term capital gains should be adjusted for the length of time the asset was held, then taxed same as income. This serves several functions. It differentiates between a retiree with a modest income from investments vs a wealthy 1%er. It eliminates hedge fund managers and the like from using the loophole of transfering a high tax rate salary to a low tax rate dividend. It also would tax the capital gains of a long-term homeowner at a lower rate than a house-flipper. In summary, retirees and other small investers would see a tax decrease, from 15% on down. 1%ers would see a sizable tax increase from 15% to the max rate. It might even be possible to reduce the max rate a little.

Not mentioned in the OP, but I'll bring it up: 50 years ago the max individual rate was 90%, yet individuals paid only 33% of Federal taxes. Corporate income taxes were the other 2/3. Now, despite the maximum individual rate being 35%, individual taxes are 2/3 of Federal tax revenue, and corporate only 1/3. The "taxed enough already" crowd really should be looking at those numbers... but I doubt Fox/Koch will show them.