The economy is in trouble. The House and the President/Senate are at logger heads on a solution. Boehner keeps saying we have a spending issue. But the reality is we have both a spending issue and an income issue.
This petition partially addresses the income side.
One way to increase income would be to tax ALL capital gains over 100K at normal income tax rates. This would not only raise tax revenues but it would stabilize the markets by limiting speculation. At the same time eliminate taxation on the first 100K of capital gains. This would encourage the small investor to re-enter the markets.