Gingrich also led his Republicans to adopt a phaseout of Depression era farm subsidy programs through Freedom to Farm, which was later unfortunately reversed under Speaker Hastert and President George W. Bush after Gingrich left.

FORBES: Mitt Romney's RINO Austerity Economics Make Him Least Electable

His capital gains tax rate would increase from 15% to 21.2% (20% statutory rate plus 1.2% due to the deduction phaseout).

FORBES: Bush Tax Cuts Saved Romney Almost $1.2 Million in 2011

The law limits the phaseout to 80% of deductions, but almost nobody hits that limit because deductions tend to increase with income.

FORBES: No, Ari, The Cliff Deal Will Raise The Economic Incentive To Give To Charity