“Drastic income inequality growth in the United States is largely derived from changes in the way the U.S. government taxes income from capital gains and dividends, according to a new study by… the non-partisan Congressional Research Service.” Pretty much proving everything Democrats have been saying for years…
New Inequality Study Proves What Democrats Have Been Saying For Years - Business Insider
Why is the GOP good with the sequester? Not only would it lay off hundreds of unionized public sector workers, but it ensures that the middle class takes a financial hit instead of their top campaign contributors who make their living from capital gains instead of working.
Scrap the Sequester, Solve Inequality - Truth Out
There's very little evidence that low rates on capital gains have any effect on economic growth at all. In fact, you can make an argument that current rates are too low. It's possible that higher rates might benefit the economy.