The capital gains tax changes being hammered out in Washington may give investors a reason to think twice about investing in bank stocks.

"Obviously it's a plus for all equities, no matter what sector," said Blaine Rollins, portfolio manager, Janus Balance Fund. But the changes, which would cut the capital gains tax rate from 28%, to 20% for equities held at least 18 months, "doesn't benefit bank stock investors as much as others," he noted.

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