Those Who Advocate Reducing or Eliminating the Capital Gains Tax

Those who advocate reducing or eliminating the capital gains tax believe that:

A) the tax discourages risk taking,and risk taking leads to economic growth and job creation.
B) the tax encourages risk taking,and risk taking leads to more corporate bankruptcies.
C) people who have a high tolerance for risk pay no attention to the effect of taxation on returns.
D) there are equity reasons not to tax capital gains,but not efficiency reasons.