math that there are more "have not" voters than "have". Combined with stupidity and a clear lack of understanding for the risk/reward function. And perpetuated now by morons like AOC (or worse, the dishonest intelligent crowd like Lizzie and Co.). You'll notice they aren't screaming for the "haves" to get rebates on taxes when the financial collapse hits, and will claim GE, Amazon, etc. using loss carryforwards are just using a "loophole" to "pay no taxes on their enormous income" (while ignoring the prior enormous losses).

Again, I agree with you that fundamentally all income should be taxed the same, and that indexing for inflation on Cap Gains would add too much complexity, but you can't deny taxing Cap Gains taxes inflation. Wages on the other hand are paid in today's dollars, or at least somewhere between this week and this month's dollars.