[quote=AN]
To your point (noticed I didn’t use the word whining) about capital gain being equal to ordinary income, can you point to a time when we had the same rate of capital gain as ordinary income?[/quote]
I can. From roughly 1987 through 1990, beginning with the TRA of ’86, and ending when top rates were increased in ’90. I don’t remember if that law took effect in ’90 or ’91. Top rate during that period was 28%. I don’t think that was the only period, but it was the first time in a very long time that all capital gains were treated the same as other income.
Additionally, I would caution your use of correlation as causation.
