LOL! You can’t tax capital gains until someone sells something and makes a capital gain. Checked the housing market and the stock market lately?
All that higher taxes on capital gains does, is make people like me hang onto our assets and not sell them unless we are desperate.
Hence higher capital gains tax usually mean less revenue.
I get capital gains income from stock dividends.
They are taxed as capital gains at about 15%.
From the IRS.
Effective January 1, 2003, dividends paid by most corporations are taxable as long-term capital gains. The new 15% and 5% capital gains rate applies to qualified dividends.