Exactly the point. It's odd that on a % basis while the tax code shows increasing rates of taxation, but the number of deductions increases as you go up. This is why the flat tax, sales tax only, and all those ideas fail over and over - they're based on income, which is an institute of the poor rather than the wealthy who make money from investments.

It's a battle - you want to encourage investment, but you also don't want to penalize folks for working for their money either!