Thanks for your insights @jtax. also, to cement this further with another example. If you have ordinary income of $400K and $100 LTCG, it would end up being:
$400K ordinary income rates
$40K 15% LTCG
$60K 20% LTCG
Does that sound right? So in essence to the original poster's question, CG taxes are progressively taxed also.
