A majority of the wealthiest 1% get their compensation in a manner that taxes them less than labor.  Capital gains should be considered regular income for the purpose of taxation.  If this fair correction is made (I have discretionary income and I too benefit from the ridiculous capital gains rate, yet am fighting for it to be eliminated to help everyone.) then wealth will absolutely be taxed fairly.  There should also be a new bracket over 1,000,000 a year where we all get back 90% of that.