taxation on capital/investment gains is pure theft, plain and simple. The invested money has already been taxed when you got it (income tax) then it is being taxed again when gains are made. Not only that but you are taking all the risk and the government is getting a risk-free ride of all profits. And if you lose money, you are on your own, it's not even deductible (only $3000/yr in losses can be deducted). So the government taxes you twice and you do all the work and bear all the risk. And on top of all that, they waste the money left and right & line their pockets & the pockets of their cronies & corrupt friends. Pure theft, no different than the mafia/gangs...but at least gangsters put their life/freedom on the line, these guys are immune, it's all legal.