Successful entrepreneurs often make huge lump sums when their company is acquired, usually after many years of hard work and low pay.<p>Sanders&#x27; plan to make taxes on capital gains equal to those on ordinary income and to increase the marginal tax rate to effectively &gt; 80% (once state taxes are included if you live in CA or NY) is effectively a wealth transfer from the most productive part of the economy (new enterprise creation) to the least productive part (government).<p>Its a shame that we have a presidential candidate with this level of economic illiteracy that is still taken seriously by a large part of the country.