Create a graduated scale for the taxation of capitol gains so as to eliminate inequity but retain profit for risk taking.
Why is this important?
When millionairs and billionairs pay a smaller tax rate than orinary Americans, something is wrong! We have a graduated tax rate for income, why not for capitol gains? We ought to tax the first $1000 or $2000 or $5000 in capitol gains at 0% and have it rise to 35% quickly. Warren Buffet supports this idea, me thinks.