Thanks very much, Mr. Chair.
Dr. Stanford, thanks for appearing back at committee. I know you're no stranger here, so welcome back.
You cited a number of statistics, and frankly, I don't dispute any of them because I think we're looking at the same data. In particular, I think there are obviously very wealthy people who have a significant number of capital gains per year. However, the same data, the LAD, also shows that capital gains are very rare in a person's lifetime, and frankly, if there is a capital gain over $250,000, that it is a once- or twice-in-a-lifetime event for a large number of tax filers. In fact, those who have over $250,000 in capital gains on a perennial basis, i.e., say, 10 out of 10 years, is only about 160 tax filers out of the sample that they showed. Therefore, it is in fact a small number of taxpayers who may get a large break. Would you agree that there are some individuals who once or twice in a lifetime will get caught up in this capital gains hike?