Teresa Heinz's 12.3% EFFECTIVE tax rate

[Swing low, sweet chariot. Comin' for to carry me home.]

A person who makes millions a year in capital gains pays only 15%, while a middle-class wage earner pays triple that (28% tax bracket plus 16% in payroll taxes)!

Middle-class wage earners do NOT pay higher than 15% on their capital gains.  15% is the MAX capital gains tax rate, regardless of your income level.

In fact, many middle-class wage earners pay less than 15% on their capital gains.

[Swing low, sweet chariot. Comin' for to carry me home.]

I was distinguishing between very rich people who make all their income in capital gains (who pay 15%) and middle class wage earners who make their income in wages, which are taxed at around 45% at the margins. 

Well, comparing investing (risk of losing 100%) with wage earning (ZERO risk) is kinda like comparing apples to coconuts, isn't it?

[Swing low, sweet chariot. Comin' for to carry me home.]

No, I think all kinds of income should be subject to the same tax structure.

Then let investors write-off 100% of their losses, instead of just $3k/year.  A person can make $100k/year salary, lose $20k in the stock market, and still have to pay taxes on $97k.  If you want to make everything even, then make it even.

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The system may be morally wrong....

Oh please!