Call it what you want to call it.
But raising capital gains is bad for investing capital. And the left vehemently has pushed to increase capital gains.
You hear it from the left all the time
Zomg the rich people's tax rate is lower than mine..
No it's freaking not, they chose to invest their money.
I don't care how you make your money. If you make a profit you should be taxed on it. Nuke the IRS and create a
flat tax on ALL income above 'poverty' level. You wouldn't need a progressive tax if everyone was paying the same % of their income. Rich people and big business will still invest their money, because smart investments lead to massive profits.
I wouldn't double dip on businesses either. I would not tax money paid out to employees or shareholders, as they would be getting taxed on their income already.
Neither party would have the balls to do this, so I know it's just a fantasy.