Capital gains are the key ingredient of income disparity in the US– and the force behind the winner takes all mantra of our economic system. If you want  even out earning power in the U.S, you have to raise the 15% capital gains tax. . . Make no mistake; the battle that is to be fought over  the coming attempt to reverse this reduction in capital gains  will be bloody and intense. The facts are clear according to the Congressional Budget Office  more than 80%  of the increase in income inequality was the result of an increase in the share of household income from capital gains.

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