If investment income gets taxed at a rate just as high as income tax , will anyone ever get wealthy with good investment ? Will anyone invest in anything?
========================================================
In the 1960's the tax rate was the same, and the percentages for tax brackets were higher. Warren Buffett certainly got wealthy under those rates, so that is a proven fact. And there were no lack of investors, either.
The rate for invested income IS the same NOW, for day traders and anyone who does not hold the stock for a calendar year,
by the way. This is a huge segment of the market.