However, the chancellor said a new "entrepreneurs' relief" would be part of the reforms, allowing business owners a £1m lifetime capital gains allowance at the old 10% tax rate.
A more sensible assessment would note that the capital gains allowance for wealth creators has been doubled to £2m.
Generous capital gains allowances will help talented people achieve their compensation expectations via the equity upside.
Similarly, if you are making disposals with a share plan on behalf of your child, as long as the child's chargeable capital gains do not exceed their capital gains tax allowance (£10,100 in 2010-11), there will be no CGT to pay.
Non-taxpayers are subject to capital gains tax at 18 per cent on the growth of their investments, after the capital gains tax allowance of £10,600, if not held in ISAs.
The child's capital gains tax allowance, currently £7,200 a year, should ensure that they earn profit without paying tax.
He also said he would slash the annual capital gains tax allowance from £10,000 to £1,000, raising £1.9bn to help fund the party's promise to bring those earning less than £10,000 out of income tax altogether.
Favouritism for training attendance and 'gaming' of the system to gain sitting allowances was described by MLPs: 'It is like confidential because someone will go to the seminar and she is ordered not to tell anyone else; if it is right why don't you tell everyone that you have gone for a seminar?
But there would also be measures to ensure landlords were not unfairly punished, including capital gains tax allowances at the point of sale.
Children have the same personal income and capital gains tax allowances as adults, but parents are liable for income tax if their child earns more than £100 a year from money they've contributed (this rule doesn't apply to grandparents and other family members).
