The US has a CGT, capital gains are taxed at your normal marginal income tax rate unless you hold them for a minimum time in which case you pay a slightly lower rate. Though they do provide some exemptions for the family home. Not all that political thing.
In fact in many countries CGT is only used to refer to the LOWER version of the tax ... after all you should pay income tax whether you make your income digging ditches, house flipping, or day trading
In fact in many countries CGT is only used to refer to the LOWER version of the tax ... after all you should pay income tax whether you make your income digging ditches, house flipping, or day trading