No problem.
Your third point I haven't seen before. I'm not sure I agree with you.
We've provided an incentive for a small business owner to get a lifetime capital gains exemption of, I think, $400,000 now. If I read you correctly, you're recommending that we get rid of that exemption completely, because once you've made over $400,000, you start paying tax on it, so it's a disincentive after that point, based on what I'm reading here.
Could you explain to me what the better system is? I don't understand it at this point.