Capital gains should be taxed HIGHER than labor.

[drmeow]

24. That claim has always irritated me

Money is not taxed - people and transactions are taxed. The rate of taxation is determined by the monetary value of the person or transaction.

I work and invest my money in my house and pay property taxes on my house. In fact, I pay taxes on the materials used to improve my house which increases the value of my house which potentially increases my property tax but definitely increases the taxes I will pay on the income from the sale of my house.

I work and buy goods on which I pay sales tax.

I save money and pay taxes on the small amount of interest I earn on my savings.

I invest and pay taxes on the income I earn on my investments.

Even the "my parents paid taxes so taxing my inheritance from them is being taxed twice" is BS. Your PARENTS paid taxes on that income - YOU did not!

Unless I stuff my money in a mattress or get paid under the table, all "my money" is taxed multiple times. Most of the times money changes hands it is taxed.