I'm of the same beliefs, but I think the situation is pretty clear: tax loopholes allow capital gains to go untaxed. You mentioned two specific issues that seem straightforward to my unknowledgeable self, and I do not understand the complications you originally mentioned with regards to "allowing the rewards to be commensurate with the risks, rewarding people who work harder and have more qualifications, and preserving ownership."

I'm not trying to fight you, I'm unclear on where you're unclear and trying to understand.