Raising the capital gains tax hurts the poor too. Who do you think pays all the taxes in the end? Oh, the stats say the ultra-wealthy pay the largest share but where did THEY get the shekels from? How about the demands to raise corporate taxes? When corps get higher tax rates they pass the costs on to their customers one way or another, usually by leaving the country.... BTW, the talk now is doing it for transactions over $10,000 which is still pocket change....