Capital gains are a form of passive income that arise not from working but from realizing profits from investments. While there is nothing wrong with making money passively, there is no defensible reason to tax that type of income any differently than the wages of say, a policeman.
Seen in this light, it becomes self-evident that quibbles about when Romney left Bain miss the point altogether. Romney never stopped being a Bain consultant. At a certain point, he merely reversed roles and became a Bain employer.
Every election comes down to a series of big debates. In this one there are 4 that everything will turn on: what does Romney's tenure at Bain say about him, which side has the better Medicare plan, why are we having such tough economic times, and how do we get out of this mess.
People voting for Romney don't even like him, they just dislike Obama. Of those who would vote for Romney in an April 2012 poll, 63 percent were voting against Obama and only 35 percent were voting for Romney.
Just as it would be silly for us to hold Romney responsible for creating jobs during his years as a venture capitalist, it would be equally silly to imagine that his business experience will help him to bring millions of new jobs into being if we were to put him at the helm of our government.