We really need to make capital gains taxable like regular income and go even higher on ridiculous sums.
Someone who invests his pittance in hopes of a decent retirement shouldn't be taxed to death.
We already have that. They're called 401k's, IRA's etc.
I'd personally be happy with taxing Cap Gains/Dividends/Interest the same as Ordinary income and be done with it.
Of course that would be ideal. Punishing Mitt Romney aside, I believe in equality of opportunity. People who have enough money to make enormous gains off of the stock market have enjoyed a very privileged opportunity that nearly all of the rest of us don't have.
Stop incentivizing the wringing of piles of other peoples' cash to see what money you can get out of it. Instead businesses can use other channels for capital.. like low interest loans that are made available to anybody with a good idea. (One of the problems is that the super rich have hidden the door into their world and don't want to make that info public. Equality of opportunity means making the location of that door public, in a metaphorical sense.)