What foolishness. you are rationalizing lower taxes on capital gains because you want government to reward risk, in other words indemnify us from it. This is the exact opposite of what you folks traditionaly claim. Sucessfuly risking and winning is its own reward. do I get to declare my winnings at the crap table as capital gains?
Beyond even that, some people's jobs are extremly risky yet they pay the same as everyone else in taxes. The argument is the same as always, we should treat the rich differently than everyone else because they are "special" they are virtuous, they are more honorable and more productive than the rest of us.