I'm not sure that capital gains for home sales adds much to the tax receipts as there are exemptions and if you buy an equal value house or greater then you can avoid the payments. I think there is a $500K one time deduction for the capital gains.
The tax burden 2004. 11% corporate 49% income taxes 35% employment taxes 1.3% estate and gift taxes 2.7% Excise taxes.
The Tax burden 2000 11% corporate 54% income taxes 30% employment taxes 1.4% estate and gift taxes 2.6% Excise taxes
Who wins? The people with the most money have their taxes decreased and the people with the least income have their taxes increased. Basic Reaganomics.